Shares of DTE Energy Company (DTE) Sees Large Inflow of Net Money Flow

DTE Energy Company (DTE) : Tuesdays money flow data in DTE Energy Company (DTE) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $13.73 million, whereas, $8.92 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.54, in favor of the bulls. The total money flow into the stock was $4.82 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $4.86 million. The total value of block trades done on upticks was $4.86 million. DTE Energy Company (DTE) fell $0.18 and traded at $98.96, down -0.18% for the day, over previous days close. On a weekly basis, the shares are -0.32% over the previous weeks close.


The company Insiders own 0.93% of DTE Energy Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.47% . Institutional Investors own 67.51% of DTE Energy Company shares. During last six month period, the net percent change held by insiders has seen a change of -16.92%. In an insider trading activity, The Securities and Exchange Commission has divulged that Muschong Lisa A., officer (Corporate Secretary) of Dte Energy Co, had unloaded 1,075 shares at an average price of $92.79 in a transaction dated on June 3, 2016. The total value of the transaction was worth $99,749.

DTE Energy Company has dropped 2.42% in the last five trading days, however, the shares have posted positive gains of 4.83% in the last 4 weeks. DTE Energy Company is up 10.5% in the last 3-month period. Year-to-Date the stock performance stands at 23.77%.

DTE Energy Company (NYSE:DTE): On Tuesdays trading session , Opening price of the stock was $98.15 with an intraday high of $98.67. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $97.32. However, the stock managed to close at $97.68, a loss of 1.29% for the day. On the previous day, the stock had closed at $98.96. The total traded volume of the day was 712,643 shares.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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