Shares of Southern Company (The) (SO) Sees Large Inflow of Net Money Flow

Southern Company (The) (SO): $13.83 million was the positive money flow into the stock on Tuesday and the up/down ratio of ticks was also in favor of the bulls at 1.28. The value of trades done on upticks was $62.66 million, whereas, trades done on downticks were valued at $48.83 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $21.93 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $8.15 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.69 was strongly in favor of the bulls. The money flow in block trades was $13.78 million. Southern Company (The) (SO) fell $0.95 traded at $52.84, a change of -1.77% over the previous day. The stock is -2.4% for the week.


The company Insiders own 1% of Southern Company (The) shares according to the proxy statements. Institutional Investors own 49.79% of Southern Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -18.9%. In an insider trading activity, Greene Kimberly S,, officer (EVP & COO, Southern Co.) of Southern Co, unloaded 141,818 shares at an average price of $54 on July 5, 2016. The total amount of the transaction was worth $7,658,172, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Southern Company has dropped 2.6% in the last five trading days, however, the shares have posted positive gains of 3.38% in the last 4 weeks. Southern Company is up 5.25% in the last 3-month period. Year-to-Date the stock performance stands at 15.48%.

Southern Company (The) (NYSE:SO): On Tuesdays trading session , Opening price of the stock was $53.5 with an intraday high of $53.64. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $52.78. However, the stock managed to close at $52.84, a loss of 1.77% for the day. On the previous day, the stock had closed at $53.79. The total traded volume of the day was 6,033,168 shares.

Southern Company is an operating public utility company. The primary business of the Southern Company is electricity sales by the traditional operating companies and Southern Power. Southern Companys business segments are the sale of electricity by the four traditional operating companies and Southern Power. The four traditional operating companies, including Alabama Power, Georgia Power, Gulf Power and Mississippi Power, are vertically integrated utilities providing electric service in four Southeastern states. Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Company also operates the All Other segment.

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