Large Inflow of Money Witnessed in Semgroup Corporation

Semgroup Corporation (NYSE:SEMG) traded with a cut of -0.09 points or -0.3% at $30.27 per share. As per the last available information, the stock aggregated $6.5 million in upticks and $3.3 million in downticks, keeping the net money flow capped at $3.2 million. The up/down ratio was found to be 1.97. For the week, the shares have seen a change of 1.34% in the share price.A block trade of $2.97 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for this transaction was $2.97 million.


The stock has recorded a 20-day Moving Average of 1.12% and the 50-Day Moving Average is 4.42%. The company shares have dropped 62.91% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $82.24 and one year low was seen on February 11, 2016 at $13.98. The 50-day moving average is $30.36 and the 200 day moving average is recorded at $24.9. S&P 500 has rallied 1.93% during the last 52-weeks.

Semgroup Corporation (NYSE:SEMG): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.26 and $29.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.85, notching a gain of 1.61% for the day. The total traded volume was 1,249,538 . The stock had closed at $30.36 on the previous day.

Currently the company Insiders own 0.86% of Semgroup Corporation shares according to the proxy statements. On the companys insider trading activities, Barpoulis Sarah Morrison, director of Semgroup Corp, unloaded 590 shares at an average price of $77.81 on June 10, 2015. The total amount of the transaction was worth $45,908, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services primarily to independent producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company also maintains and operates storage, terminal and marine facilities at Milford Haven in the United Kingdom that enable customers to supply petroleum products to markets in the Atlantic Basin. It also operates a network of liquid asphalt cement terminals throughout Mexico. The Company conducts its operations through six segments: Crude, SemStream, SemLogistics, SemCAMS, SemMexico and SemGas.

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