eBay (EBAY) : Investors lapped up stocks on upticks to the tune of $8.12 million in the Fridays trading session. The trading value on downticks was comparatively at $2.04 million and the uptick to downtick ratio of 3.98 indicates continuous buying by the bulls. The net money flow into the stock was $6.08 million. Upticks saw transactions worth $6.2 clearly indicating buying by large investors. The total money flow for block trades stood at $6.2 million, which is a positive for the stock in the long-term. eBay (EBAY) fell $0.05 during the day at $29.88, a drop of -0.17% over the previous days close. However, for the week, the stock is 13.44%, compared to the previous week.
eBay (EBAY) : Currently there are 27 street experts covering eBay (EBAY) stock. The most bullish and bearish price target for the stock is $36 and $24 respectively for the short term. The average price target of all the analysts comes to $29.56. The estimated standard deviation from the target is $3.56.
eBay (NASDAQ:EBAY): stock turned positive on Friday. Though the stock opened at $29.81, the bulls momentum made the stock top out at $30.56 level for the day. The stock recorded a low of $29.75 and closed the trading day at $30.49, in the green by 1.87%. The total traded volume for the day was 20,272,025. The stock had closed at $29.93 in the previous days trading.
In a related news, Pittman Raymond J, officer (SVP, Chief Product Officer) of Ebay Inc, unloaded 25,000 shares at an average price of $24.24 on May 27, 2016. The total amount of the transaction was worth $606,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its ebay.com platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen, dba.dk, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar, 2dehands.be, 2ememain.be, LoQUo, Marktplaats.nl and mobile.de. It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.