Wix.com Ltd. (WIX) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($6.88 million) and the uptick to downtick ratio was 0.33. The transaction value on upticks was $3.32 million and on downticks, the transaction value was $10.2 million. The transaction value of block trades during downticks was $6.83 million. The money flow was negative ($6.83 million), indicating the traders were booking profit on the price strength. Wix.com Ltd. (WIX) rose $0.06 at $41.88, during intraday Friday , a rise of 0.14% over the previous days close.
Institutional Investors own 65.11% of Wix.com Ltd. shares.
Wix.com Ltd. (NASDAQ:WIX): The stock opened at $42.04 and touched an intraday high of $42.44 on Friday. During the day, the stock corrected to an intraday low of $41.81, however, the bulls stepped in and pushed the price higher to close in the green at $42.35 with a gain of 1.12% for the day. The total traded volume for the day was 207,307. The stock had closed at $41.88 in the previous trading session.
Wix.com Ltd. (WIX) : Traders are bullish on Wix.com Ltd. (WIX) as it has outperformed the S&P 500 by a wide margin of 17.24% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.46%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.98% in the last 1 week, and is up 17.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Wix.com Ltd. is a Web development platform. The Company develops and markets an Internet service that allows users to create Web content. The Company offers its Web development, design and management solutions and apps through an online platform for businesses, organizations, professionals and individuals. Its Web development technology is built based on HTML5 and offers HTML5 compatible capabilities, Web design and layout tools, domain hosting, and other marketing and work flow management applications and services. By registering with the Companys Website, its users receive access to the Wix Editor, an online editor. The Companys cloud-based platform is accessed through a hosted environment, allowing its users to update their site and manage their business or organization at any time.