YY (YY) : Investors lapped up stocks on upticks to the tune of $3.12 million in the Thursdays trading session. The trading value on downticks was comparatively at $2.44 million and the uptick to downtick ratio of 1.28 indicates continuous buying by the bulls. The net money flow into the stock was $0.68 million. Upticks saw transactions worth $0.9 clearly indicating buying by large investors. The total money flow for block trades stood at $0.9 million, which is a positive for the stock in the long-term. YY (YY) fell $0.23 during the day at $38.72, a drop of -0.59% over the previous days close. However, for the week, the stock is 15.17%, compared to the previous week.
The stock has recorded a 20-day Moving Average of 11.27% and the 50-Day Moving Average is 5.78%. Shares have dropped -41.76% from its 1 Year high price. On Dec 18, 2015, the shares registered one year high at $65.53 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $38.47 and the 200 Day Moving Average price is recorded at $52.46.
YY (NASDAQ:YY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.53 and $37.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.37, notching a gain of 1.08% for the day. The total traded volume was 1,215,169 . The stock had closed at $38.95 on the previous day.
YY Inc. (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. The Company owns the domain names of YY.com, Duowan.com, 100.com, Huya.com and Edu24oL.com. The Companys YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. The Companys product, YY Client, enables users to engage in live interactions online. YY Client provides access to user-created online social activities groups. Its Mobile YY is its mobile application that primarily provides users access to its music and entertainment content. Duowan.com provides gaming resources.