Shares of CoStar Group, Inc. (CSGP) Sees Large Outflow of Money

CoStar Group, Inc. (CSGP) managed to eke out gains of 0.59% in intraday trade. The share price increased by 1.21 points to $206.2. Till last observation, the net money flow was recorded at a negative $(-1.85) million. The total inflow of $2.08 million in upticks was completely overshadowed by an outflow of $3.92 million in downticks, giving the up/down ratio a value of 0.53. The shares have seen a change of 0.5% in the past week.

Based on the Stock Research reports from financial advisors, there are 6 Analysts recommending as a Strong Buy, and 1 Analysts recommending as a Moderate Buy. CoStar Group, Inc. (NASDAQ:CSGP) rose 0.87% or 1.78 points on Thursday and made its way into the gainers of the day. After trading began at $205.35 the stock was seen hitting $206.895 as a peak level and $203.6 as the lowest level. The stock ended up at $206.77. The daily volume was measured at 107,989 shares. The 52-week high of the share price is $224.79 and the 52-week low is $174.35. The company has a market cap of $6,741 million.

CoStar Group, Inc. provides information services to the commercial real estate industry. Their wide array of digital service offerings includes a leasing marketplace, a selling marketplace, sales comparable information, decision support, contact management, tenant information, property marketing, and industry news. They have three assets that provide a unique foundation for this marketplace: comprehensive national databases; large research department; and large number of participating organizations.


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