Shares of Yandex N.V. (YNDX) Sees Large Outflow of Money

Yandex N.V. (YNDX) : The total negative money flow of $1.62 million on Thursday indicates selling on strength. The inflow of money on upticks was $1.33 million, compared to $2.95 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.45. The negative money flow of $1.59 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.81 million in a block trade.The transaction value of block trade on downtick was $2.39 million. The uptick to downtick ratio was 0.34. The price action in the Yandex N.V. (YNDX) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $21.89 with a gain of $0.33 , a change of 1.53% over the previous days close. The stock registered 0.74% for the week.


Yandex N.V. (YNDX) : The consensus price target for Yandex N.V. (YNDX) is $22.6 for the short term with a standard deviation of $5.98. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $16. The stock has recorded a 20-day Moving Average of 0.37% and the 50-Day Moving Average is 5.41%.

Yandex N.V. (NASDAQ:YNDX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.61 and $21.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.68, notching a gain of 0.56% for the day. The total traded volume was 1,952,602 . The stock had closed at $21.56 on the previous day.

Yandex N.V. is an Internet and technology company. The Company operates as a search engine in Russia and also serves Turkey, Ukraine, Belarus and Kazakhstan. The Companys Russian businesses are organized in five operating segments: Russian Search and Portal, which includes all services offered in Russia, Belarus and Kazakhstan; Russian E-commerce, which includes the Yandex.Market service; Media Services, which includes Yandex.Music,, Yandex.TV program and Yandex.Kinoafisha; Taxi, which includes the Yandex.Taxi service, and Classified Aggregators, which include Yandex.Auto,, Yandex.Realty and Yandex.Job. Additionally, its international operations are organized in three operating segments: Turkish Search and Portal; Ukrainian Search and Portal, and Data Factory (including the Yandex.Data Factory service). It offers a range of specialized search, personalized and location-based services, including Yandex.News, Yandex.Market, Yandex.Mail, Yandex.Maps and Yandex.Auto.

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.