Shares of Plains All American Pipeline L.P. (NYSE:PAA) Sees Large Outflow of Money

Plains All American Pipeline L.P. (NYSE:PAA) managed to stay afloat and traded higher with an addition of 0.33 point or 1.2% at $27.85. The money flow data is a negative $(-2.62) million with $6.89 million in upticks and $9.5 million in downticks. The intraday up/down ratio came in at 0.72. The shares have seen 4.11% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0.28 million and the combined worth of the downticks was $2.47, Million, leading to the up/down ratio of 0.11. The block trade saw a net money flow of $(-2.18) million.


The stock has recorded a 20-day Moving Average of 9.96% and the 50-Day Moving Average is 16.12%. The company shares have dropped 38.43% in the past 52 Weeks. On June 25, 2015 The shares registered one year high of $45.47 and one year low was seen on February 9, 2016 at $14.82. The 50-day moving average is $24.53 and the 200 day moving average is recorded at $22.25. S&P 500 has rallied 1.93% during the last 52-weeks.

Plains All American Pipeline L.P. (NYSE:PAA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.25 and $27.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.88, notching a gain of 1.31% for the day. The total traded volume was 1,724,249 . The stock had closed at $27.52 on the previous day.

Currently the company Insiders own 1.3% of Plains All American Pipeline L.P. shares according to the proxy statements. Institutional Investors own 64.37% of Plains All American Pipeline L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 16.72%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Plains All American Pipeline Lp, Armstrong Greg L had purchased shares worth of $2,538,540 in a transaction dated on February 10, 2016. A total of 158,066 shares were purchased at a price of $16.06 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Companys operational segments include Transportation, Facilities, and Supply and Logistics. The transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The facilities segment operations consist of fee-based activities associated with providing storage, terminalling and throughput services for crude oil, refined products, NGL and natural gas. The supply and logistics segment operations consist of merchant-related activities.

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