Large Inflow of Money Detected in PPL Corporation

PPL Corporation (PPL) : Mondays money flow data in PPL Corporation (PPL) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $37.43 million, whereas, $28.98 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.29, in favor of the bulls. The total money flow into the stock was $8.44 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $10.4 million. The total value of block trades done on upticks was $14.68 million. The value of bearish trades on downticks was only $4.28 million.The up/down ratio in the block trades was a healthy 3.43 in favor of the bulls, suggesting strong buying in the stock by large traders. PPL Corporation (PPL) fell $0.84 and traded at $35.42, down -2.32% for the day, over previous days close. On a weekly basis, the shares are -3.65% over the previous weeks close.


PPL Corporation has lost 3.33% in the last five trading days and dropped 4.66% in the last 4 weeks. PPL Corporation has dropped 7.84% during the last 3-month period . Year-to-Date the stock performance stands at 5.91%.

PPL Corporation (NYSE:PPL): The stock opened at $36.26 on Monday but the bulls could not build on the opening and the stock topped out at $36.39 for the day. The stock traded down to $35.38 during the day, due to lack of any buying support eventually closed down at $35.42 with a loss of -2.32% for the day. The stock had closed at $36.26 on the previous day. The total traded volume was 5,367,252 shares.

In a related news, The Securities and Exchange Commission has divulged that Bergstein Joseph P Jr, officer (VP-IR and Treasurer) of Ppl Corp, had unloaded 1,581 shares at an average price of $37.06 in a transaction dated on July 8, 2016. The total value of the transaction was worth $58,592.

PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.

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