Large Inflow of Money Witnessed in Consolidated Edison Inc

Consolidated Edison Inc (NYSE:ED) traded with a cut of -0.16 points or -0.21% at $77 per share. As per the last available information, the stock aggregated $1.89 million in upticks and $0.52 million in downticks, keeping the net money flow capped at $1.37 million. The up/down ratio was found to be 3.65. For the week, the shares have seen a change of -1.08% in the share price.A block trade of $1.49 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $1.49 million.


The stock has recorded a 20-day Moving Average of 2.79% and the 50-Day Moving Average is 4.07%. The company shares have rallied 32.87% in the past 52 Weeks. On June 15, 2016 The shares registered one year high of $78.4 and one year low was seen on June 26, 2015 at $57.17. The 50-day moving average is $74.62 and the 200 day moving average is recorded at $71.46. S&P 500 has rallied 1.93% during the last 52-weeks.

Consolidated Edison Inc (NYSE:ED): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.37 and $76.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.17, notching a gain of 0.01% for the day. The total traded volume was 1,364,649 . The stock had closed at $77.16 on the previous day.

Currently the company Insiders own 0.16% of Consolidated Edison Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 0.5% . Institutional Investors own 54% of Consolidated Edison Inc shares. During last six month period, the net percent change held by insiders has seen a change of 2.52%. On the companys insider trading activities, Mcavoy John, director officer (Chairman, President & CEO) of Consolidated Edison Inc, executed a transaction worth $2,110 on June 15, 2016. A total of 027 shares were purchased at an average price of $78.13. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and the Competitive Energy Businesses. CECONY delivers electricity, natural gas and steam to customers in New York City and Westchester County. Orange and Rockland Utilities Inc. (O&R) delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north-eastern Pennsylvania. O&Rs utility subsidiaries include Rockland Electric Company and Pike County Light & Power Company. Competitive energy businesses provide retail and wholesale electricity supply and energy services. The Competitive Energy Businesses include three subsidiaries: Consolidated Edison Solutions, Inc. (Con Edison Solutions); Consolidated Edison Energy, Inc. (Con Edison Energy), and Consolidated Edison Development, Inc. (Con Edison Development).

Leave a Reply

Get Pre-Market Alerts!

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