Large Inflow of Money Witnessed in El Paso Electric Company

The shares of El Paso Electric Company (NYSE:EE) traded with a loss of -0.29 points or -0.64% in the most recent session. The shares last traded at $45.32. As per the trading info, the shares saw $1.05 million in upticks and lost $0.01 million in downticks, resulting in a net money flow of $1.04 million. The up/down ratio for the day was measured at 77.05. For the week, the shares had posted -0.85%.From the block trade data available, the total upticks were valued at $1.05 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $1.05 million.


The stock has recorded a 20-day Moving Average of 1.12% and the 50-Day Moving Average is 1.7%. The company shares have rallied 30.28% in the past 52 Weeks. On June 10, 2016 The shares registered one year high of $47.01 and one year low was seen on September 4, 2015 at $33.9. The 50-day moving average is $45.13 and the 200 day moving average is recorded at $42.26. S&P 500 has rallied 1.93% during the last 52-weeks.

El Paso Electric Company (NYSE:EE): The stock opened at $45.80 on Tuesday but the bulls could not build on the opening and the stock topped out at $45.80 for the day. The stock traded down to $45.29 during the day, due to lack of any buying support eventually closed down at $45.52 with a loss of -0.20% for the day. The stock had closed at $45.61 on the previous day. The total traded volume was 274,135 shares.

Currently the company Insiders own 1.33% of El Paso Electric Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -45.83% . Institutional Investors own 97.9% of El Paso Electric Company shares. During last six month period, the net percent change held by insiders has seen a change of -45.83%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Yamarone Charles, director of El Paso Electric Co /Tx/, had unloaded 5,500 shares at an average price of $45.16 in a transaction dated on May 11, 2016. The total value of the transaction was worth $248,380.

El Paso Electric Company is engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. The Company owns or has ownership interests in several electrical generating facilities providing it with a generating capability of approximately 1,879 Megawatts. The Companys energy sources consist of approximately 47% nuclear fuel, 35% natural gas, 5% coal, 13% purchased power and less than 1% generated by Company-owned solar photovoltaic panels and wind turbines. It has power purchase agreements for around 107 Megawatts from solar photovoltaic generation facilities. It serves residential, commercial, industrial, public authority and wholesale customers. The Company distributes electricity to retail customers principally in El Paso, Texas and Las Cruces, New Mexico. In addition, its wholesale sales include sales for resale to other electric utilities and power marketers.

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