Shares of Ryanair Holdings plc (RYAAY) Sees Large Inflow of Net Money Flow

Ryanair Holdings plc (RYAAY) : The money flow analysis of Ryanair Holdings plc (RYAAY) indicates a $3.73 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $5.05 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.35 and so was the total money flow at $1.32 million. The bulls lapped up $1.21 million worth of block trades on upticks. The money flow was $1.21 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Ryanair Holdings plc (RYAAY), pushing it down by -0.16% for the day. The stock slid $0.11 and traded at $67.62 during the day. Nonetheless, the stock is -5.01% over the previous weeks close.


Ryanair Holdings plc (RYAAY) : The highest level Ryanair Holdings plc (RYAAY) is projected to reach is $100 for the short term and the lowest estimate is at $80. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $90 and the possibility the share price can swing is $14.14.

Ryanair Holdings plc (NASDAQ:RYAAY): On Fridays trading session , Opening price of the stock was $67.73 with an intraday high of $68.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.22. However, the stock managed to close at $67.71, a loss of 0.03% for the day. On the previous day, the stock had closed at $67.73. The total traded volume of the day was 414,823 shares.

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates a low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco. The Companys principal fleet consists of Boeing 737-800 aircraft, each having 189 seats. The Company offered over 1,600 short-haul flights per day serving approximately 190 airports across Europe, and flying approximately 1,600 routes, with a fleet of approximately 315 Boeing 737-800 aircraft and six additional leased aircraft acquired on short term leases. Ryanairs fleet totaled to 308 Boeing 737-800s. Ryanair also provides various ancillary services and engages in other activities connected with its air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.