Shares of Match Group, Inc. (MTCH) Sees Large Inflow of Net Money Flow

The shares of Match Group, Inc. (MTCH) traded with a loss of -0.59 points or -3.37% in the most recent session. The shares last traded at $16.79. As per the trading info, the shares saw $4.39 million in upticks and lost $2.37 million in downticks, resulting in a net money flow of $2.02 million. The up/down ratio for the day was measured at 1.85. For the week, the shares had posted -4.09%.From the block trade data available, the total upticks were valued at $2.36 million and the total downticks were valued at $0.65 million, thereby putting the up/down ratio at 3.63. The net money flow for the block transaction was $1.71 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Match Group, Inc. has lost 9.53% in the last five trading days and dropped 3.39% in the last 4 weeks. Match Group, Inc. has dropped 8.53% during the last 3-month period . Year-to-Date the stock performance stands at -3.39%. Match Group, Inc. (NASDAQ:MTCH) witnessed a decline in the market cap on Wednesday as its shares dropped 4.89% or 0.85 points. After the session commenced at $16.49, the stock reached the higher end at $17 while it hit a low of $16.1. With the volume soaring to 4,712,954 shares, the last trade was called at $16.52. The company has a 52-week high of $19.74. The company has a market cap of $4,206 million and there are 254,579,830 shares in outstanding. The 52-week low of the share price is $8.41.

Company has reported several Insider transactions to the SEC, on Aug 24, 2016, Amarnath Thombre (Chief Strategy Officer) sold 44,385 shares at 16.01 per share price.On Aug 11, 2016, Sam Yagan (CEO, Match Group) sold 1,505,985 shares at 16.52 per share price.On Aug 2, 2016, Jeffrey Dawson (CFO, Dating) sold 227,415 shares at 15.56 per share price.

Match Group Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.24. The company had revenue of $319.70 million for the quarter, compared to analysts expectations of $320.83 million. The companys revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Match Group Inc was Downgraded by Guggenheim to Neutral on Jan 20, 2017. Match Group Inc was Initiated by Aegis Capital on Nov 18, 2016 to Buy, Price Target of the shares are set at $20.

Match Group, Inc. offers subscription-based online dating websites and applications services. The companys dating products brands consists of Match, OkCupid, Tinder, PlentyOfFish, Meetic, Twoo, OurTime and FriendScout24. Match Group, Inc. is headquartered in Dallas, Texas.


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