Shares of Google (GOOGL) Sees Large Inflow of Net Money Flow

Google (GOOGL) : Google (GOOGL) had a healthy money flow of $22.23 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $40.44 million, whereas, investors only sold shares worth $18.21 million on downticks. The stock closed the day with an up-down ratio of 2.22.The money flow in the block trades to the tune of $23.02 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $23.02 million worth of transactions were on upticks. Google (GOOGL) stock slid $0.21 intraday and traded at 754.2, a change of -0.03% over previous days close. However, for the week, the company shares are 2.52% compared to previous weeks close.


Google (GOOGL) : Average target price received by Google (GOOGL) is $905.72 with an expected standard deviation of $60.47. The most aggressive target on the stock is $1100, whereas the most downbeat target is $820. 29 financial analysts are currently covering the stock.

Google (NASDAQ:GOOGL): stock turned positive on Friday. Though the stock opened at $757.32, the bulls momentum made the stock top out at $759.45 level for the day. The stock recorded a low of $752.655 and closed the trading day at $759.28, in the green by 0.65%. The total traded volume for the day was 1,046,024. The stock had closed at $754.41 in the previous days trading.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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