Shares of Facebook (FB) Sees Large Inflow of Net Money Flow

Facebook (FB) : Facebook (FB) had a healthy money flow of $20.78 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $179.23 million, whereas, investors only sold shares worth $158.45 million on downticks. The stock closed the day with an up-down ratio of 1.13.The money flow in the block trades to the tune of $18.15 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $22.53 million worth of transactions were on upticks. A paltry $4.38 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5.14. Facebook (FB) stock slid $0.1 intraday and traded at 128.59, a change of -0.08% over previous days close. However, for the week, the company shares are 0.49% compared to previous weeks close.


Facebook, Inc. has dropped 0.55% in the last five trading days, however, the shares have posted positive gains of 2.13% in the last 4 weeks. Facebook, Inc. is up 13.2% in the last 3-month period. Year-to-Date the stock performance stands at 23.48%.

Facebook (FB) : Zacks Investment Research ranks Facebook (FB) as 3, which is a Hold recommendation. 24 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 4 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 30 research analysts is 1.27, which indicates as a Strong Buy.

Facebook (NASDAQ:FB): The stock opened at $129.21 and touched an intraday high of $129.47 on Wednesday. During the day, the stock corrected to an intraday low of $128.4, however, the bulls stepped in and pushed the price higher to close in the green at $129.23 with a gain of 0.42% for the day. The total traded volume for the day was 12,047,136. The stock had closed at $128.69 in the previous trading session.

Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

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