Shares of eBay (EBAY) Sees Large Inflow of Net Money Flow

eBay (EBAY) : Mondays money flow data in eBay (EBAY) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $16.32 million, whereas, $14.6 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.12, in favor of the bulls. The total money flow into the stock was $1.72 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.75 million. The total value of block trades done on upticks was $10.05 million. The value of bearish trades on downticks was only $8.31 million.The up/down ratio in the block trades was a healthy 1.21 in favor of the bulls, suggesting strong buying in the stock by large traders. eBay (EBAY) fell $0.02 and traded at $26.33, down -0.06% for the day, over previous days close. On a weekly basis, the shares are 6.97% over the previous weeks close.


eBay Inc. is up 4.66% in the last 3-month period. Year-to-Date the stock performance stands at -3.6%. Shares of eBay Inc. rose by 6.56% in the last five trading days and 11.07% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Chief Product Officer) of Ebay Inc, Pittman Raymond J had sold 25,000 shares worth of $606,000 in a transaction dated May 27, 2016. In this transaction, 25,000 shares were sold at $24.24 per share.

eBay (NASDAQ:EBAY): stock turned positive on Monday. Though the stock opened at $26.23, the bulls momentum made the stock top out at $26.56 level for the day. The stock recorded a low of $26.1699 and closed the trading day at $26.49, in the green by 0.57%. The total traded volume for the day was 12,382,055. The stock had closed at $26.34 in the previous days trading.

eBay Inc.(eBay) is a global technology company. The Company has created an open source platform that provides software developers and merchants access to its applications programming interfaces (APIs) to develop software and solutions for commerce. The Companys segments include Marketplaces and Payments. The Companys Marketplaces segment includes its platform and its localized counterparts, as well as other online platforms, such as its online classifieds sites and StubHub. The Companys Payments segment consists of its PayPal business. Its classifieds Websites include alaMaula, BilBasen,, eBay Classifieds (eBay Classifieds, eBay Kleinanzeigen and eBay Annunci), Gumtree, Kijiji, iBazar,,, LoQUo, and It also offers trust and safety programs, including PayPals Seller Protection and Purchase Protection Programs, through its PayPal. It offers mobile applications for iPhone, iPad, Android and Windows mobile devices.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.