Large Inflow of Money Witnessed in FirstEnergy Corporation

Shares of FirstEnergy Corporation (NYSE:FE) saw an erosion of -0.19 points in recent session. During the trading, the value of each share was $33.55, dropping -0.56%. The shares saw high fund-flow as the composite value of all the upticks was $19.69 million and the total value of all the downticks was a mere $15.88 million. The net money flow was seen at $3.8 million and the up/down ratio was measured at 1.24. On a weekly basis the shares of the shares have recorded a change of -2.16%.The block trade which occurred today had $4.82 million in upticks and $1.35 million in downticks with the up/down ratio climbing to 3.56. $3.46 million was the net money flow of the block transaction.


The stock has recorded a 20-day Moving Average of 0.55% and the 50-Day Moving Average is 0.29%. The company shares have rallied 1.41% in the past 52 Weeks. On March 30, 2016 The shares registered one year high of $36.54 and one year low was seen on November 9, 2015 at $28.89. The 50-day moving average is $33.31 and the 200 day moving average is recorded at $33.5. S&P 500 has rallied 1.93% during the last 52-weeks.

FirstEnergy Corporation (NYSE:FE): The stock opened at $33.74 on Tuesday but the bulls could not build on the opening and the stock topped out at $33.87 for the day. The stock traded down to $33.22 during the day, due to lack of any buying support eventually closed down at $33.54 with a loss of -0.59% for the day. The stock had closed at $33.74 on the previous day. The total traded volume was 4,035,439 shares.

Currently the company Insiders own 0.2% of FirstEnergy Corporation shares according to the proxy statements. Institutional Investors own 76.97% of FirstEnergy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 10.08%. On the companys insider trading activities, Strah Steven E, officer (Sr VP & President FE Utilities) of Firstenergy Corp, had purchased 560 shares on March 14, 2016. The total value of the transaction was $19,930. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

FirstEnergy Corp. is a holding company. The Company operates through three segments: Regulated Distribution, Regulated Transmission and Competitive Energy Services (CES). The Regulated Distribution segment distributes electricity through its 10 utility operating companies, serving customers within 65,000 square miles of Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. The Regulated Transmission segment transmits electricity through transmission facilities. The CES segment supplies electricity to end-use customers through retail and wholesale arrangements, including retail sales to customers in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland. The Companys principal subsidiaries include Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Metropolitan Edison Company, Pennsylvania Electric Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., Allegheny Energy Supply Company, LLC, among others.

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