Large Outflow of Money Witnessed in AGL Resources

AGL Resources (NYSE:GAS) jumped 0.03 points or 0.05% on strong buying and was last priced at $65.93 per share. The shares saw huge fund flow intraday; a massive $7.28 million made their way in through the upticks but an even bigger $10.36 million made their way out through downticks. As per the last observation, the net money flow stood at $(-3.08) million and the up/down ratio was found to be 0.7. The shares have seen a weekly value change of 0.29% .A block trade was recorded in the company shares with a net money flow of $(-2.93) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $2.93. As can be seen from the data, the block transaction had the up/down ratio of 0.


Currently the company Insiders own 0.98% of AGL Resources shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.41% . Institutional Investors own 64.42% of AGL Resources shares. During last six month period, the net percent change held by insiders has seen a change of -9.02%. On the companys insider trading activities, Evans Andrew W, director officer (President & CEO) of Agl Resources Inc, unloaded 9,084 shares at an average price of $66.17 on May 9, 2016. The total amount of the transaction was worth $601,088, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

AGL Resources (NYSE:GAS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.02% at $65.92 with 521,496 shares getting traded. Post opening the session at $65.9, the shares hit an intraday low of $65.89 and an intraday high of $65.98 and the price was in this range throughout the day. The company has a market cap of $7,955 million and the number of outstanding shares have been calculated to be 120,680,030 shares. The 52-week high of AGL Resources (NYSE:GAS) is $66.49 and the 52-week low is $46.36.

AGL Resources Inc. (AGL Resources) is an energy services holding company engaged in the distribution of natural gas. The Company operates in four operating segments: distribution operations, retail operations, wholesale services and midstream operations. The Companys distribution operations segment operates, constructs and maintains around 80,700 miles of natural gas pipeline and 14 storage facilities to provide natural gas to residential, commercial and industrial customers. The retail operations segment provides natural gas commodity and related services. The wholesale services segment is engaged in natural gas storage, gas pipeline arbitrage and provides natural gas asset management and related logistics services for its utilities, as well as for non-affiliated companies. Midstream operations segment consists of the operations of natural gas storage facilities and select pipelines.

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