Large Inflow of Money Witnessed in Rice Energy

Rice Energy (NYSE:RICE) : The money flow analysis of Rice Energy (NYSE:RICE) indicates a $5.14 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $5.55 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.08 and so was the total money flow at $0.41 million. The bulls lapped up $0.88 million worth of block trades on upticks. The money flow was $0.88 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Rice Energy (NYSE:RICE), pushing it down by -0.48% for the day. The stock slid $0.11 and traded at $22.71 during the day. Nonetheless, the stock is 3.37% over the previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director 10% owner of Rice Energy Inc., Rice Daniel had sold 5,000,000 shares worth of $38,750,000 in a transaction dated December 21, 2015. In this transaction, 5,000,000 shares were sold at $7.75 per share. Currently the company Insiders own 2.2% of Rice Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -68.76% . Institutional Investors own 87.7% of Rice Energy shares. During last six month period, the net percent change held by insiders has seen a change of -68.76%.

The company shares have rallied 13.82% from its 1 Year high price. On Jun 28, 2016, the shares registered one year high at $23.16 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $20.41 and the 200 Day Moving Average price is recorded at $14.03. Rice Energy (NYSE:RICE): The stock opened at $23.23 on Wednesday but the bulls could not build on the opening and the stock topped out at $23.57 for the day. The stock traded down to $22.43 during the day, due to lack of any buying support eventually closed down at $22.50 with a loss of -1.40% for the day. The stock had closed at $22.82 on the previous day. The total traded volume was 3,950,263 shares.

Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company operates in two segments: Exploration and Production, and Midstream. Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of Rice Energy and third-parties. The Companys Exploration and Production segment operates in the core of the Marcellus, Utica Shales and Upper Devonian Shale. The Companys midstream assets consist of gathering systems and associated compression infrastructure at Washington County System, Greene County System and Belmont County System.

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