Large Inflow of Money Witnessed in SM Energy Company

SM Energy Company (NYSE:SM) had a weak trading session and its shares were last down at $28.88, down -0.5% or -1.7 points. The trading data also revealed that the total net flow stood at $1.17 million as the shares had $4.51 million in upticks but lost $3.35 million in downticks. The up/down ratio was 1.35. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -1.57% in the shares.The block trade data suggests an inflow of $0 million in upticks and an outflow of $0.44 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $-0.44.


The stock has recorded a 20-day Moving Average of 5.05% and the 50-Day Moving Average is 0.28%. The company shares have dropped 37.89% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $48.6 and one year low was seen on February 24, 2016 at $6.99. The 50-day moving average is $30.09 and the 200 day moving average is recorded at $20.72. S&P 500 has rallied 1.93% during the last 52-weeks.

SM Energy Company (NYSE:SM): The stock opened at $29.01 on Tuesday but the bulls could not build on the opening and the stock topped out at $29.85 for the day. The stock traded down to $28.33 during the day, due to lack of any buying support eventually closed down at $29.27 with a loss of -0.37% for the day. The stock had closed at $29.38 on the previous day. The total traded volume was 2,551,931 shares.

Currently the company Insiders own 1.7% of SM Energy Company shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 9.7%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (EVP – Operations) of Sm Energy Co, Vogel Herbert S had purchased shares worth of $51,840 in a transaction dated on February 26, 2016. A total of 6,000 shares were purchased at a price of $8.64 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. Its operations are carried in four onshore operating areas in the United States: South Texas & Gulf Coast Region, which is managed from its office in Houston, Texas and has both operated and non-operated Eagle Ford shale programs; Rocky Mountain Region, which the Company operates from its office in Billings, Montana and focuses on the development and growth through acquisition of assets targeting the Bakken/Three Forks formations; Permian Region, which is managed from the Companys office in Midland, Texas and covers western Texas and southeastern New Mexico, and Mid-Continent Region, which is managed from the Companys office in Tulsa, Oklahoma and the Mid-Continent Region consists of its Haynesville and Woodford Shale assets.

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