The NASDAQ OMX Group (NDAQ) : Investors lapped up stocks on upticks to the tune of $0.46 million in the Wednesdays trading session. The trading value on downticks was comparatively at $0.12 million and the uptick to downtick ratio of 3.96 indicates continuous buying by the bulls. The net money flow into the stock was $0.34 million. Upticks saw transactions worth $0 clearly indicating buying by large investors. The total money flow for block trades stood at $0 million, which is a positive for the stock in the long-term. The NASDAQ OMX Group (NDAQ) fell $0.09 during the day at $68.46, a drop of -0.13% over the previous days close. However, for the week, the stock is -1.44%, compared to the previous week.
Nasdaq, Inc. has lost 3.48% in the last five trading days and dropped 3.62% in the last 4 weeks. Nasdaq, Inc. is up 6.92% in the last 3-month period. Year-to-Date the stock performance stands at 18.84%.
The NASDAQ OMX Group (NDAQ) : 4 brokerage houses believe that The NASDAQ OMX Group (NDAQ) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The NASDAQ OMX Group (NDAQ). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
The NASDAQ OMX Group (NASDAQ:NDAQ): stock was range-bound between the intraday low of $68.05 and the intraday high of $68.56 after having opened at $68.56 on Wednesdays session. The stock finally closed in the red at $68.56, a loss of -0.50%. The stock remained in the red for the whole trading day. The total traded volume was 622,116 shares. The stock failed to cross $68.56 in Wednesdays trading. The stocks closing price on Thursday was $68.55.
Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.