Large Inflow of Money Witnessed in Plains Group Holdings L.P.

Plains Group Holdings L.P. (NYSE:PAGP): $0.63 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.41. The value of trades done on upticks was $2.18 million, whereas, trades done on downticks were valued at $1.55 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $1.54 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.01 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.52 was strongly in favor of the bulls. The money flow in block trades was $0.53 million. Plains Group Holdings L.P. (NYSE:PAGP) fell $0.02 traded at $10.33, a change of -0.19% over the previous day. The stock is -2.09% for the week.


In an insider trading activity, Armstrong Greg L, CEO of Plains Gp Holdings Lp had purchased 1,000,000 shares on February 10, 2016 in a transaction. The price per share was $5.86 and the total amount of the disclosed transaction was $5,860,000.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices. Institutional Investors own 76.21% of Plains Group Holdings L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 500%.

The company shares have dropped -59.55% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $26.64 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $10.11 and the 200 Day Moving Average price is recorded at $8.70. Plains Group Holdings L.P. (NYSE:PAGP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.55 and $10.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.40, notching a gain of 0.48% for the day. The total traded volume was 3,622,280 . The stock had closed at $10.35 on the previous day.

Plains GP Holdings, L.P. (PAGP), owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P (PAA). The Company has no separate operating activities apart from those conducted by PAA. PAA owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. PAAs operational segments include Transportation, Facilities, and Supply and Logistics. The transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The facilities segment operations consist of fee-based activities associated with providing storage, terminalling and throughput services for crude oil, refined products, NGL and natural gas. The supply and logistics segment operations consist of merchant-related activities.

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