Shares of Edison International (EIX) Sees Large Inflow of Net Money Flow

Edison International (EIX) stock had a bullish inflow of $40.29 million worth of trades on uptick and an outflow of $29.67 million in downticks on Tuesday. The total uptick to downtick ratio stood at 1.36. The net money flow into the stock was $10.62 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $11.54 million. An inflow of $5.8 million block trade was recorded on downticks. $17.34 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 2.99 in favor of the bulls. However, Edison International (EIX) stock traded down $1.42 , and reached $76.57, a drop of -1.82% over the previous day. On a weekly basis, the stock is -2.05%, over the previous weeks close.


The company Insiders own 1.51% of Edison International shares according to the proxy statements. Institutional Investors own 82.09% of Edison International shares. During last six month period, the net percent change held by insiders has seen a change of -58.78%. In an insider trading activity,The officer (Senior Vice President) of Edison International, Vasquez Gaddi H. sold 6,842 shares at $73.83 on June 10, 2016. The Insider selling transaction had a total value worth of $505,145. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Edison International has dropped 2.52% in the last five trading days, however, the shares have posted positive gains of 4.18% in the last 4 weeks. Edison International is up 8.54% in the last 3-month period. Year-to-Date the stock performance stands at 31.02%.

Edison International (NYSE:EIX): On Tuesdays trading session , Opening price of the stock was $77.53 with an intraday high of $77.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $76.49. However, the stock managed to close at $76.57, a loss of 1.82% for the day. On the previous day, the stock had closed at $77.99. The total traded volume of the day was 2,370,110 shares.

Edison International is the parent holding company of Southern California Edison Company (SCE) and subsidiaries. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. Edison International is also the parent company of subsidiaries that are engaged in businesses related to the generation or use of electricity. Edison Internationals other subsidiaries include Edison Mission Group Inc. and SoCore Energy LLC. Edison Mission Group Inc. is a wholly owned subsidiary of Edison International and the parent company of Edison Mission Energy and Edison Capital. SoCore Energy LLC, a subsidiary engaged in distributed generation, has constructed 26 Megawatt of rooftop solar systems in nine states selling power back to commercial customers under power purchase agreements.

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