Large Inflow of Money Witnessed in eBay

eBay (EBAY) : Investors lapped up stocks on upticks to the tune of $9.26 million in the Thursdays trading session. The trading value on downticks was comparatively at $7.73 million and the uptick to downtick ratio of 1.2 indicates continuous buying by the bulls. The net money flow into the stock was $1.53 million. The block trades were dominated by the bulls with a healthy 14.37, uptick to downtick ratio. Only $0.24 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $3.44 clearly indicating buying by large investors. The total money flow for block trades stood at $3.2 million, which is a positive for the stock in the long-term. eBay (EBAY) fell $0.02 during the day at $23.81, a drop of -0.08% over the previous days close. However, for the week, the stock is 0.13%, compared to the previous week.


eBay (EBAY) : The highest level eBay (EBAY) is projected to reach is $36 for the short term and the lowest estimate is at $24. The consolidated price target from 25 rating analysts who initiate coverage on the stock is $28.44 and the possibility the share price can swing is $3.38. The stock has recorded a 20-day Moving Average of 0.25% and the 50-Day Moving Average is 0.13%.

eBay (NASDAQ:EBAY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.92 and $23.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.93, notching a gain of 0.42% for the day. The total traded volume was 10,007,152 . The stock had closed at $23.83 on the previous day.

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 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,, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar,,, LoQUo, and 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.

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