Large Inflow of Money Detected in Electronic Arts

Electronic Arts (EA) : On Thursday, The money flowed into the Electronic Arts (EA) stock with an uptick to downtick ratio was recorded at 1.27. Transactions worth $36.39 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $28.74 million. The total money flow into the stock was $7.66 million. The block trades reveal a bullish bias with an up-down ratio of 4.77. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $9.24 million of block transactions on upticks. The value of block trades on downticks was $1.94 million, indicating lower selling interest. The total money flow in block trades was $7.3 million. In terms of price action, Electronic Arts (EA) traded down $0.09 during the session at $77.53. Compared to the previous days closing, the stock was down only by -0.12%. For the week, the stock is -0.93%, over previous weeks closing.


The stock has recorded a 20-day Moving Average of 3.24% and the 50-Day Moving Average is 5.51%. Shares have rallied 7.66% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $79.56 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $75.47 and the 200 Day Moving Average price is recorded at $67.69.

Electronic Arts (NASDAQ:EA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.89 and $76.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $78.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $78.05, notching a gain of 0.55% for the day. The total traded volume was 3,203,713 . The stock had closed at $77.62 on the previous day.

In an insider trading activity,The officer (EVP, EA Studios) of Electronic Arts Inc., Soderlund Patrick sold 8,000 shares at $75.96 on July 1, 2016. The Insider selling transaction had a total value worth of $607,680. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Electronic Arts Inc is a game software content and services provider. The Company develops, markets, publishes and distributes game software content for consumers of various video game machines and electronic devices. It also provides game software-related services. The Companys brands include Battlefield, Mass Effect, Need for Speed, Dragon Age, The Sims, Bejeweled and Plants v. Zombies, as well as brands based on licensed intellectual property such as FIFA, Madden NFL and Star Wars. The Company is organized around three divisions: EA Studios, Maxis and EA Mobile. The EA Studios division develops games and related content and services across a range of game categories, including the FIFA, Madden NFL, Need for Speed, Battlefield, Mass Effect and Dragon Age. The Maxis division creates games, and related content and services that engage player creativity. The EA Mobile division focuses on developing and publishing interactive games for mobile phones and tablets.

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