Shares of Netflix (NFLX) Sees Large Inflow of Net Money Flow

Netflix (NFLX): $5.35 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.12. The value of trades done on upticks was $49.31 million, whereas, trades done on downticks were valued at $43.96 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $6.68 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $6.68 million. Netflix (NFLX) fell $0.14 traded at $98.25, a change of -0.14% over the previous day. The stock is 1.23% for the week.


Netflix, Inc. has dropped 8.85% during the last 3-month period . Year-to-Date the stock performance stands at -13.61%. Shares of Netflix, Inc. rose by 4.37% in the last five trading days and 3.53% 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 director of Netflix Inc, Barton Richard N had sold 1,400 shares worth of $133,882 in a transaction dated July 11, 2016. In this transaction, 1,400 shares were sold at $95.63 per share.

Netflix (NASDAQ:NFLX): stock turned positive on Monday. Though the stock opened at $98.43, the bulls momentum made the stock top out at $99.84 level for the day. The stock recorded a low of $97.24 and closed the trading day at $98.81, in the green by 0.43%. The total traded volume for the day was 28,669,659. The stock had closed at $98.39 in the previous days trading.

Netflix, Inc. is a provider of Internet television network. The Company has over 57 million streaming members in over 50 countries. Its members can watch more than two billion hours of television (TV) shows and movies per month, including original series, documentaries and feature films on Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-mail. Its members can play, pause and resume watching, all without commercials or commitments. Additionally, in the United States, its members can receive DVDs to their homes. The Company offers streaming service both domestically and internationally.

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