Shares of Mobileye N.V. (MBLY) Sees Large Inflow of Net Money Flow

Mobileye N.V. (MBLY) : Mobileye N.V. (MBLY) had a healthy money flow of $4.14 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $38.04 million, whereas, investors only sold shares worth $33.91 million on downticks. The stock closed the day with an up-down ratio of 1.12.The money flow in the block trades to the tune of $8.02 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $8.02 million worth of transactions were on upticks. Mobileye N.V. (MBLY) stock slid $0.28 intraday and traded at 47.49, a change of -0.59% over previous days close. However, for the week, the company shares are 3.62% compared to previous weeks close.


Institutional Investors own 74.38% of Mobileye N.V. shares.

Shares of Mobileye N.V. rose by 5.46% in the last five trading days and 30.61% for the last 4 weeks. Mobileye N.V. is up 21.96% in the last 3-month period. Year-to-Date the stock performance stands at 12.32%.

Mobileye N.V. (NYSE:MBLY): On Tuesdays trading session , Opening price of the stock was $48.1 with an intraday high of $48.3. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.04. However, the stock managed to close at $47.49, a loss of 0.59% for the day. On the previous day, the stock had closed at $47.77. The total traded volume of the day was 3,600,426 shares.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (ADAS). The Companys software algorithms and EyeQ system on a chip (SOC) perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It operates in two segments: the original equipment manufacturer segment and the AM segment. The OEM segment supplies the software algorithms and EyeQ chip that are the core technology of the complete ADAS to the Tier 1 companies that are the system integrators for the automotive industry. In the AM segment, it sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.

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