Shares of ASML Holding N.V. (ASML) Sees Large Outflow of Money

ASML Holding N.V. (ASML) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($0.75 million) and the uptick to downtick ratio was 0.8. The transaction value on upticks was $2.95 million and on downticks, the transaction value was $3.71 million. The transaction value of block trades during downticks was $0.1 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. ASML Holding N.V. (ASML) rose $0.92 at $108, during intraday Tuesday , a rise of 0.86% over the previous days close.


Also, Bank of America downgrades their rating on the shares of ASML Holding N.V. (NASDAQ:ASML). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on August 17, 2016.

ASML Holding NV has lost 0.89% in the last five trading days and dropped 1.99% in the last 4 weeks. ASML Holding NV is up 7.68% in the last 3-month period. Year-to-Date the stock performance stands at 22.56%.

ASML Holding N.V. (NASDAQ:ASML): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $108.70 and $107.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $108.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.52, notching a gain of 0.41% for the day. The total traded volume was 602,805 . The stock had closed at $107.08 on the previous day.

ASML Holding NV (ASML) is a holding company based in the Netherlands that develops semiconductor equipment systems. Its products includes lithographic systems, notably: TWINSCAN NXE, a platform for extreme ultraviolet lithography (EUVL); TWINSCAN NXT, a step-and-scan dual-stage immersion lithography platform; TWINSCAN XT, a step-and-scan water-based immersion lithography platform; YieldStar, a metrology tool; PAS 5500, a step-and-scan platform; and Brion, a computational lithography verification platform. In addition, the Company provides customer support. The Companys activities are organized into three main business lines: Deep Ultraviolet (DUV) scanners, Extreme Ultraviolet (EUV) scanners, and Applications; which are supported by business functions, such as research and development (R&D), sales, operations and sourcing. The Company operates 70 offices in 16 countries and operates ASML Netherlands BV, ASML Systems BV, ASML Hong Kong Ltd., ASML US Inc. as wholly owned subsidiaries.

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