Large Inflow of Money Witnessed in Entergy Corporation

Entergy Corporation (NYSE:ETR) : Investors lapped up stocks on upticks to the tune of $20.72 million in the Wednesdays trading session. The trading value on downticks was comparatively at $18.43 million and the uptick to downtick ratio of 1.12 indicates continuous buying by the bulls. The net money flow into the stock was $2.29 million. Upticks saw transactions worth $0.85 clearly indicating buying by large investors. The total money flow for block trades stood at $0.85 million, which is a positive for the stock in the long-term. Entergy Corporation (NYSE:ETR) fell $0.3 during the day at $78.85, a drop of -0.38% over the previous days close. However, for the week, the stock is 1.1%, compared to the previous week.


In an insider trading activity, Herman Alexis M, director of Entergy Corp /De/, unloaded 1,091 shares at an average price of $76.24 on May 16, 2016. The total amount of the transaction was worth $83,178, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.22% of Entergy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -47.07% . Institutional Investors own 87.57% of Entergy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -31.17%.

The company shares have rallied 10.78% from its 1 Year high price. On Apr 1, 2016, the shares registered one year high at $80.06 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $77.00 and the 200 Day Moving Average price is recorded at $73.96. Entergy Corporation (NYSE:ETR): The stock opened at $79.46 on Wednesday but the bulls could not build on the opening and the stock topped out at $79.70 for the day. The stock traded down to $78.58 during the day, due to lack of any buying support eventually closed down at $78.84 with a loss of -0.39% for the day. The stock had closed at $79.15 on the previous day. The total traded volume was 1,525,662 shares.

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.

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