Amazon.com (AMZN) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $546.62 million worth of transactions were on upticks, whereas, the downticks accounted for $485.53 million worth of transactions. The net money flow was a positive $61.08 million and the uptick to downtick ratio was 1.13. The net money flow into the stock was $116.21 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $116.21 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Amazon.com (AMZN) was trading at $741.2, down $1.43 during day. The stock slid -0.19% over the previous days close. For the week, the stock recorded -0.62% over the previous weeks close.
The stock has recorded a 20-day Moving Average of 2.6% and the 50-Day Moving Average is 3.98%. Shares have rallied 61.90% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $755.90 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $719.04 and the 200 Day Moving Average price is recorded at $630.22.
Amazon.com (NASDAQ:AMZN): The stock opened at $748.86 on Thursday but the bulls could not build on the opening and the stock topped out at $749.04 for the day. The stock traded down to $739.02 during the day, due to lack of any buying support eventually closed down at $741.20 with a loss of -0.19% for the day. The stock had closed at $742.63 on the previous day. The total traded volume was 2,390,472 shares.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Amazon Com Inc, Stonesifer Patricia Q had sold 6,250 shares worth of $4,537,063 in a transaction dated June 6, 2016. In this transaction, 6,250 shares were sold at $725.93 per share.
Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Companys products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Companys operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.