Large Inflow of Money Witnessed in Public Service Enterprise Group Incorporated

Shares of Public Service Enterprise Group Incorporated (NYSE:PEG) saw an erosion of -0.13 points in recent session. During the trading, the value of each share was $44.24, dropping -0.29%. The shares saw high fund-flow as the composite value of all the upticks was $2.14 million and the total value of all the downticks was a mere $0.9 million. The net money flow was seen at $1.23 million and the up/down ratio was measured at 2.37. On a weekly basis the shares of the shares have recorded a change of -1.27%.The block trade which occurred today had $0.59 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $0.59 million was the net money flow of the block transaction.


The stock has recorded a 20-day Moving Average of 0.28% and the 50-Day Moving Average is 1.7%. The company shares have rallied 10.46% in the past 52 Weeks. On April 1, 2016 The shares registered one year high of $47.41 and one year low was seen on December 14, 2015 at $36.8. The 50-day moving average is $45.12 and the 200 day moving average is recorded at $43.1. S&P 500 has rallied 1.93% during the last 52-weeks.

Public Service Enterprise Group Incorporated (NYSE:PEG): The stock opened at $44.39 on Tuesday but the bulls could not build on the opening and the stock topped out at $44.65 for the day. The stock traded down to $44.13 during the day, due to lack of any buying support eventually closed down at $44.27 with a loss of -0.23% for the day. The stock had closed at $44.37 on the previous day. The total traded volume was 2,332,971 shares.

Currently the company Insiders own 0.71% of Public Service Enterprise Group Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.74% . Institutional Investors own 67.47% of Public Service Enterprise Group Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -26.76%. On the companys insider trading activities, The officer (President & COO – PSE&G), of Public Service Enterprise Group Inc, Larossa Ralph A had unloaded 35,824 shares at $44.36 per share in a transaction on June 14, 2016. The total value of transaction was $1,589,153. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Companys other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C., which owns and manages a portfolio of lease investments; PSEG Long Island LLC, which operates the Long Island Power Authoritys (LIPA) transmission and distribution system under a contractual agreement, and PSEG Services Corporation, which provides certain management, administrative and general services to PSEG and its subsidiaries.

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