Large Outflow of Money Witnessed in NVIDIA Corporation

NVIDIA Corporation (NVDA) : Mondays money flow analysis of NVIDIA Corporation (NVDA) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $75.38 million. In comparison, the inflow of money on upticks was a meager $46.92 million. The dollar value of composite uptick trades minus the downtick trades was negative $28.45 million. The uptick to downtick ratio of 0.62 in the money flow shows weakness. The uptick block trades were valued at $3.78 million. The downtick transaction value was high at $27.95 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.14. Hence, the net money flow in the stock was negative ($24.17 million). NVIDIA Corporation (NVDA) gained $0.27 at $52.97, a change of 0.51% over the previous days close.


NVIDIA Corporation is up 43.65% in the last 3-month period. Year-to-Date the stock performance stands at 61.71%. Shares of NVIDIA Corporation rose by 1.83% in the last five trading days and 11.4% for the last 4 weeks. In a related news, The director officer (President and CEO), of Nvidia Corp, Huang Jen Hsun had unloaded 40,000 shares at $52.94 per share in a transaction on July 13, 2016. The total value of transaction was $2,117,600. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

NVIDIA Corporation (NASDAQ:NVDA): stock turned positive on Monday. Though the stock opened at $53.35, the bulls momentum made the stock top out at $53.43 level for the day. The stock recorded a low of $52.77 and closed the trading day at $52.97, in the green by 0.51%. The total traded volume for the day was 6,324,838. The stock had closed at $52.7 in the previous days trading.

NVIDIA Corporation (NVIDIA) is engaged in visual computing, enabling individuals to interact with digital ideas, data and entertainment. The Company is engaged in creating NVIDIA-branded products and services, offering its processors to original equipment manufacturers (OEMs), and licensing its intellectual property. NVIDIA-branded products and services are visual computing platforms that address four markets: Gaming, Enterprise, High Performance Computing & Cloud, and Automotive. The Company operates in two segments: Graphics Processing Unit (GPU) and Tegra Processor. The Companys GPU product brands include GeForce for gamers; Quadro for designers; Tesla for researchers, learning and big-data analysts; and GRID for cloud-based visual computing users. The Companys Tegra processors are primarily designed to enable its branded platforms: DRIVE and SHIELD.

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