Large Inflow of Money Witnessed in Westar Energy

Westar Energy (NYSE:WR) witnessed a selling pressure and the shares last traded with a loss of -0.02 points or -0.04% at $55.78. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $7.51 million with an inflow of $19.7 million in upticks and an outflow of $12.18 million in downticks. Using the data, the up/down ratio is found to be 1.62. The share price has recorded -0.68% on a weekly basis.A block trade of $12.17 million in uptick and $3.35 million in downtick was also observed, resulting in an up/down ratio of 3.63. The net money flow of the block trade stood at a $8.82, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 1.31% and the 50-Day Moving Average is 6.15%. The company shares have rallied 60.48% in the past 52 Weeks. On May 31, 2016 The shares registered one year high of $57.25 and one year low was seen on June 26, 2015 at $33.88. The 50-day moving average is $53.78 and the 200 day moving average is recorded at $47.48. S&P 500 has rallied 1.93% during the last 52-weeks.

Westar Energy (NYSE:WR): The stock opened at $55.80 on Tuesday but the bulls could not build on the opening and the stock topped out at $56.03 for the day. The stock traded down to $55.66 during the day, due to lack of any buying support eventually closed down at $55.78 with a loss of -0.04% for the day. The stock had closed at $55.80 on the previous day. The total traded volume was 1,431,874 shares.

Currently the company Insiders own 0.61% of Westar Energy shares according to the proxy statements. Institutional Investors own 70.27% of Westar Energy shares. During last six month period, the net percent change held by insiders has seen a change of -7.19%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP, Strategy) of Westar Energy Inc /Ks, Greenwood Greg A had sold 5,000 shares worth of $234,500 in a transaction dated March 10, 2016. In this transaction, 5,000 shares were sold at $46.9 per share.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 693,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energys wholly owned subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential, commercial and industrial. It has around 6,645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.

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