Shares of PayPal Holdings (PYPL) Sees Large Inflow of Net Money Flow

PayPal Holdings (PYPL) : On Monday, The money flowed into the PayPal Holdings (PYPL) stock with an uptick to downtick ratio was recorded at 1.05. Transactions worth $36.5 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $34.7 million. The total money flow into the stock was $1.79 million. The block trades reveal a bullish bias with an up-down ratio of 6.36. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $7.83 million of block transactions on upticks. The value of block trades on downticks was $1.23 million, indicating lower selling interest. The total money flow in block trades was $6.6 million. In terms of price action, PayPal Holdings (PYPL) traded down $0.12 during the session at $38.98. Compared to the previous days closing, the stock was down only by -0.29%. For the week, the stock is 4.32%, over previous weeks closing.


PayPal Holdings, Inc. has dropped 1.82% during the last 3-month period . Year-to-Date the stock performance stands at 7.51%. Shares of PayPal Holdings, Inc. rose by 2.02% in the last five trading days and 5.27% 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 Paypal Holdings, Inc., Moffett David M had sold 15,971 shares worth of $576,234 in a transaction dated February 1, 2016. In this transaction, 15,971 shares were sold at $36.08 per share.

PayPal Holdings (NASDAQ:PYPL): On Mondays trading session , Opening price of the stock was $39.13 with an intraday high of $39.22. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $38.73. However, the stock managed to close at $38.92, a loss of 0.43% for the day. On the previous day, the stock had closed at $39.09. The total traded volume of the day was 7,877,439 shares.

PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card, or other stored value products such as coupons and gift cards.

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