Shares of Pacific Gas & Electric Co. (PCG) Sees Large Inflow of Net Money Flow

Pacific Gas & Electric Co. (PCG) : Pacific Gas & Electric Co. (PCG) had a healthy money flow of $12.14 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $34.76 million, whereas, investors only sold shares worth $22.62 million on downticks. The stock closed the day with an up-down ratio of 1.54.The money flow in the block trades to the tune of $10.32 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $12.41 million worth of transactions were on upticks. A paltry $2.09 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5.94. Pacific Gas & Electric Co. (PCG) stock slid $1.03 intraday and traded at 63.7, a change of -1.59% over previous days close. However, for the week, the company shares are -1.74% compared to previous weeks close.


The company Insiders own 0.14% of Pacific Gas & Electric Co. shares according to the proxy statements. Institutional Investors own 81.82% of Pacific Gas & Electric Co. shares. During last six month period, the net percent change held by insiders has seen a change of -31.31%. In an insider trading activity, The Securities and Exchange Commission has divulged that Harvey Kent M, officer (SVP, Finance) of Pg&E Corp, had unloaded 17,920 shares at an average price of $56.24 in a transaction dated on March 4, 2016. The total value of the transaction was worth $1,007,821.

PG&E Corporation has dropped 1.83% in the last five trading days, however, the shares have posted positive gains of 1.87% in the last 4 weeks. PG&E Corporation is up 8.42% in the last 3-month period. Year-to-Date the stock performance stands at 21.64%.

Pacific Gas & Electric Co. (NYSE:PCG): On Tuesdays trading session , Opening price of the stock was $64.46 with an intraday high of $64.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.635. However, the stock managed to close at $63.7, a loss of 1.59% for the day. On the previous day, the stock had closed at $64.73. The total traded volume of the day was 2,676,884 shares.

PG&E Corporation is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utilitys operations include electric utility operations and natural gas utility operations. It operates in northern and central California. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides natural gas transportation services to customers, which include small commercial and residential customers, and to non-core customers, which include industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utilitys gas system in its service territory.

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