Large Inflow of Money Witnessed in Sony Corp Ord

Sony Corp Ord (SNE) : Investors lapped up stocks on upticks to the tune of $9.2 million in the Thursdays trading session. The trading value on downticks was comparatively at $4.96 million and the uptick to downtick ratio of 1.85 indicates continuous buying by the bulls. The net money flow into the stock was $4.24 million. Upticks saw transactions worth $3.6 clearly indicating buying by large investors. The total money flow for block trades stood at $3.6 million, which is a positive for the stock in the long-term. Sony Corp Ord (SNE) fell $0.05 during the day at $30.04, a drop of -0.17% over the previous days close. However, for the week, the stock is 2.21%, compared to the previous week.


The stock has recorded a 20-day Moving Average of 5.48% and the 50-Day Moving Average is 11.01%.

Sony Corp Ord (NYSE:SNE): The stock opened at $30.10 on Thursday but the bulls could not build on the opening and the stock topped out at $30.29 for the day. The stock traded down to $29.79 during the day, due to lack of any buying support eventually closed down at $30.08 with a loss of -0.03% for the day. The stock had closed at $30.09 on the previous day. The total traded volume was 1,752,877 shares.

Sony Corporation (Sony) is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. The Companys segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other. Its manufacturing facilities are located in Asia, including Japan. Sony also utilizes third-party contract manufacturers for certain products. Sonys products are marketed throughout the world by sales subsidiaries and unaffiliated distributors, as well as direct sales through the Internet. Sony is engaged in the production, acquisition and distribution of motion pictures and television programming and the operation of television and digital networks. The Company also develops, produces and distributes recorded music.

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