Large Outflow of Money Witnessed in General Electric Company

General Electric Company (GE) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($115.11 million) and the uptick to downtick ratio was 0.57. The transaction value on upticks was $155.49 million and on downticks, the transaction value was $270.6 million. In block trades, the transaction value of inflow done during uptick was $38.82 million. The transaction value of block trades during downticks was $154.82 million. The uptick to downtick block trade ratio was 0.25. The money flow was negative ($116 million), indicating the traders were booking profit on the price strength. General Electric Company (GE) rose $0.05 at $32.26, during intraday Tuesday , a rise of 0.16% over the previous days close.


The company Insiders own 0.23% of General Electric Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.16% . Institutional Investors own 56.56% of General Electric Company shares. During last six month period, the net percent change held by insiders has seen a change of 2.42%. In an insider trading activity, Immelt Jeffrey R, CEO of General Electric Co, executed a transaction worth $2,000,284 on May 20, 2016. A total of 67,600 shares were purchased at an average price of $29.59. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of General Electric Company rose by 2.58% in the last five trading days and 8.2% for the last 4 weeks. General Electric Company is up 5.5% in the last 3-month period. Year-to-Date the stock performance stands at 5.18%.

General Electric Company (NYSE:GE): stock turned positive on Tuesday. Though the stock opened at $32.31, the bulls momentum made the stock top out at $32.49 level for the day. The stock recorded a low of $32.13 and closed the trading day at $32.26, in the green by 0.16%. The total traded volume for the day was 38,090,962. The stock had closed at $32.21 in the previous days trading.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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