Large Outflow of Money Witnessed in NextEra Energy

NextEra Energy (NEE) : The total money flow in NextEra Energy (NEE) was negative ($3.51 million), showing the domination of sellers in the Friday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $5.16 million. Transactions on upticks were comparatively lower at $1.64 million. The uptick to downtick ratio was 0.32. The total block trades on downticks were valued at $2.86 million. The money flow during block trades was negative ($2.86 million) when the stock traded with a gain of $1 cent. NextEra Energy (NEE) was $128.27, an increase of 0.01% over the previous days close.


NextEra Energy (NEE) : The highest short term price target forecast on NextEra Energy (NEE) is $153 and the lowest target price is $115. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $132.3 with a standard deviation of $12.01.

NextEra Energy (NYSE:NEE): stock turned positive on Friday. Though the stock opened at $128.01, the bulls momentum made the stock top out at $130.149 level for the day. The stock recorded a low of $127.75 and closed the trading day at $129.81, in the green by 1.21%. The total traded volume for the day was 1,688,510. The stock had closed at $128.26 in the previous days trading.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Federal Reg. Affairs) of Nextera Energy Inc, Kelliher Joseph T had sold 11,697 shares worth of $1,454,054 in a transaction dated June 15, 2016. In this transaction, 11,697 shares were sold at $124.31 per share.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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