Large Inflow of Money Detected in DTE Energy Company

DTE Energy Company (DTE) : Investors lapped up stocks on upticks to the tune of $15.48 million in the Mondays trading session. The trading value on downticks was comparatively at $9.77 million and the uptick to downtick ratio of 1.58 indicates continuous buying by the bulls. The net money flow into the stock was $5.71 million. Upticks saw transactions worth $6.06 clearly indicating buying by large investors. The total money flow for block trades stood at $6.06 million, which is a positive for the stock in the long-term. DTE Energy Company (DTE) fell $1.62 during the day at $94.76, a drop of -1.68% over the previous days close. However, for the week, the stock is -0.36%, compared to the previous week.


DTE Energy Company has lost 0.35% in the last five trading days and dropped 2.97% in the last 4 weeks. DTE Energy Company is up 5.09% in the last 3-month period. Year-to-Date the stock performance stands at 20.07%.

DTE Energy Company (NYSE:DTE): The stock opened at $96.38 on Monday but the bulls could not build on the opening and the stock topped out at $96.63 for the day. The stock traded down to $94.72 during the day, due to lack of any buying support eventually closed down at $94.76 with a loss of -1.68% for the day. The stock had closed at $96.38 on the previous day. The total traded volume was 716,601 shares.

In a related news, Anderson Gerard M, director officer (Chairman and CEO) of Dte Energy Co, unloaded 17,500 shares at an average price of $97.96 on August 1, 2016. The total amount of the transaction was worth $1,714,300, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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