Large Outflow of Money Witnessed in NRG Energy

Shares of NRG Energy (NYSE:NRG) traded 0.01 points or 0.07% higher at $14.91.The total intraday money flow for the shares came in at a disappointing $(-1.25) million. The total upticks amounted to $9.38 million and the total downticks were approximately $10.63 million, with the up/down ratio of 0.88. On a different note, the shares have seen -14.26% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0.61 million in upticks and an outflow of $1.48 million in downticks. The up/down ratio for the block was found to be 0.41. The net money flow for the block transaction was $(-0.87) million.


Currently the company Insiders own 0.46% of NRG Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.15% . Institutional Investors own 99.89% of NRG Energy shares. During last six month period, the net percent change held by insiders has seen a change of -6.15%. On the companys insider trading activities,The director of Nrg Energy, Inc., Weidemeyer Thomas H sold 3,182 shares at $17.24 on June 3, 2016. The Insider selling transaction had a total value worth of $54,858. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

NRG Energy (NYSE:NRG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.13% at $14.88 with 5,681,326 shares getting traded. Post opening the session at $14.85, the shares hit an intraday low of $14.66 and an intraday high of $15.175 and the price was in this range throughout the day. The company has a market cap of $4,686 million and the number of outstanding shares have been calculated to be 314,908,040 shares. The 52-week high of NRG Energy (NYSE:NRG) is $25.39 and the 52-week low is $8.8.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup maintains the rating on NRG Energy (NYSE:NRG). The brokerage firm has issued a Sell rating on the shares. The Analysts at the ratings agency raises the price target from $13 per share to $14 per share. The rating by the firm was issued on June 10, 2016.

NRG Energy, Inc. (NRG) is a power company that produces, sells and delivers energy, and energy products and services in power markets in the United States. NRGs business segments are NRG Business, NRG Home, NRG Renew, NRG Yield and corporate activities. NRG Business consists of NRGs wholesale operations, including plant operations, commercial operations, engineering, procurement and construction (EPC), energy services and other related functions. NRG Home includes the Companys NRG Home Retail and NRG Home Solar businesses. NRG Renew includes the Companys solar and wind assets. NRG Yield includes NRGs contracted generation assets. As of December 31, 2014, NRG owned and operated approximately 52,000 megawatts (MW) of generation; transacted in and traded fuel and transportation services, and directly sold energy, services, and sustainable products and services to retail customers under the name NRG and other retail brand names owned by NRG.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.