Shares of Suncor Energy (SU) Sees Large Inflow of Net Money Flow

Suncor Energy (SU) : The money flow analysis of Suncor Energy (SU) indicates a $7.54 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $8.93 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.18 and so was the total money flow at $1.39 million. The bulls lapped up $0.53 million worth of block trades on upticks. The money flow was $0.53 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Suncor Energy (SU), pushing it down by -0.49% for the day. The stock slid $0.14 and traded at $27.37 during the day. Nonetheless, the stock is -1.95% over the previous weeks close.


Suncor Energy (SU) : The highest short term price target forecast on Suncor Energy (SU) is $37 and the lowest target price is $24. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $31.55 with a standard deviation of $3.52.

Suncor Energy (NYSE:SU): On Fridays trading session , Opening price of the stock was $27.55 with an intraday high of $27.565. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.06. However, the stock managed to close at $27.38, a loss of 0.44% for the day. On the previous day, the stock had closed at $27.5. The total traded volume of the day was 2,471,878 shares.

Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canadas petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production, and Refining and Marketing. The Companys Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its Exploration and Production segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Companys Refining and Marketing segment is engaged in Refining and Supply, and Downstream Marketing. In addition, the Company explores, for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. The Company also transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.