Shares of General Electric Company (GE) Sees Large Inflow of Net Money Flow

General Electric Company (GE) : Fridays money flow indicated an uptick to downtick ratio was at 1.67. The total value of inflow transactions on upticks was $370.97 million, whereas, the total value of outflow trades on downticks was $221.52 million. The total money flow was $149.45 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $152.69 million. The total value of the trades done on upticks was $183.52 million. Downticks saw transactions worth $30.83 million. The total uptick to downtick ratio stood at 5.95, mildly in favor of the bulls. General Electric Company (GE) was trading with a -1.63% change over previous days close. It fell $0.53 during the day and reached $32.06. The stock was -2.49% compared to the previous weeks close.


General Electric Company (GE) : Currently there are 10 street experts covering General Electric Company (GE) stock. The most bullish and bearish price target for the stock is $38 and $28 respectively for the short term. The average price target of all the analysts comes to $33.6. The estimated standard deviation from the target is $3.17.

General Electric Company (NYSE:GE): On Fridays trading session , Opening price of the stock was $31.73 with an intraday high of $32.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.69. However, the stock managed to close at $32.06, a loss of 1.63% for the day. On the previous day, the stock had closed at $32.59. The total traded volume of the day was 57,763,807 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of General Electric Co, Immelt Jeffrey R, had purchased 67,600 shares in a transaction dated on May 20, 2016. The transaction was executed at $29.59 per share with total amount equaling $2,000,284.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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