Company Shares of Etsy (NASDAQ:ETSY) Drops by -0.62%

Etsy (NASDAQ:ETSY) has risen sharply, recording gains of 1.69% in the past 4 weeks. However, the stock has corrected -0.62% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.08% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have dropped -40.11% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $23.44 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $9.34 and the 200 Day Moving Average price is recorded at $8.52.

The stock has recorded a 20-day Moving Average of 0.89% and the 50-Day Moving Average is 5.89%.


Etsy (NASDAQ:ETSY): stock turned positive on Friday. Though the stock opened at $9.31, the bulls momentum made the stock top out at $9.85 level for the day. The stock recorded a low of $9.31 and closed the trading day at $9.6, in the green by 4.23%. The total traded volume for the day was 1,347,590. The stock had closed at $9.21 in the previous days trading.

In an insider trading activity,The officer (Chief Technology Officer) of Etsy Inc, Allspaw John sold 206,312 shares at $10 on June 20, 2016. The Insider selling transaction had a total value worth of $2,063,120. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Etsy, Inc. operates a marketplace where people connect, both online and offline, to make, sell and buy goods. The Company operates at the center of macroeconomic trends in online and mobile commerce, employment, consumption and manufacturing. Its sellers offer goods in online retail categories, including jewelry, stationery, clothing, home goods, craft supplies and vintage items. The Company supports a range of artists, makers, designers and collectors. The Companys community is made up of entrepreneurs who sell on its platform, consumers looking to buy goods in its marketplace, manufacturers who help its sellers grow their businesses and its employees who maintain its platform. The Company offers a range of services for its sellers, which include promoted listings, direct checkout and shipping labels. It also provides a range of tools for its buyers, including communication, search and discovery and mobile.

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