Exelon Corporation (EXC) : Tuesdays money flow analysis of Exelon Corporation (EXC) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $22.41 million. In comparison, the inflow of money on upticks was a meager $14.25 million. The dollar value of composite uptick trades minus the downtick trades was negative $8.16 million. The uptick to downtick ratio of 0.64 in the money flow shows weakness. The uptick block trades were valued at $1.24 million. The downtick transaction value was high at $8.65 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.14. Hence, the net money flow in the stock was negative ($7.41 million). Exelon Corporation (EXC) gained $0.15 at $34.05, a change of 0.44% over the previous days close.
Also, JP Morgan maintains its rating on Exelon Corporation (NYSE:EXC). The global brokerage major lowers the current price target from $41 per share to $40 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The rating by the firm was issued on August 16, 2016.
Exelon Corporation has lost 2.25% in the last five trading days and dropped 8.93% in the last 4 weeks. Exelon Corporation has dropped 0.86% during the last 3-month period . Year-to-Date the stock performance stands at 25.18%.
Exelon Corporation (NYSE:EXC): The stock opened at $33.98 on Tuesday but the bulls could not build on the opening and the stock topped out at $34.10 for the day. The stock traded down to $33.69 during the day, due to lack of any buying support eventually closed down at $33.81 with a loss of -0.70% for the day. The stock had closed at $34.05 on the previous day. The total traded volume was 3,169,381 shares.
In a related news,The officer (Sr. EVP, Pres & CEO Generation) of Exelon Corp, Cornew Kenneth W. sold 30,000 shares at $36.47 on July 15, 2016. The Insider selling transaction had a total value worth of $1,094,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLCs (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generations business consists of the generation, physical delivery and marketing of power across geographical regions. ComEds business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECOs business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGEs business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.