Large Outflow of Money Witnessed in Scana Corporation

Scana Corporation (NYSE:SCG) traded higher in the last at $71.73, gaining 0.15 points or 0.21%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1) million. The composite uptick value of $0.13 million was eclipsed by the accrued downtick value of $1.13 million, thereby ensuring the up/down ratio of 0.11. For the week, the shares have posted returns of 0.82%.A block trade registered during the day has revealed $0 million in upticks and $0.72 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-0.72) million.


Currently the company Insiders own 0.4% of Scana Corporation shares according to the proxy statements. Institutional Investors own 66.06% of Scana Corporation shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Harris Don Russell, officer (SCANA Senior VP/SCEG President) of Scana Corp, had unloaded 2,500 shares at an average price of $65.27 in a transaction dated on February 26, 2016. The total value of the transaction was worth $163,175.

Scana Corporation (NYSE:SCG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.15 points or 0.21% at $71.43 with 567,184 shares getting traded. Post opening the session at $71.71, the shares hit an intraday low of $71.31 and an intraday high of $71.97 and the price was in this range throughout the day. The company has a market cap of $10,209 million and the number of outstanding shares have been calculated to be 142,916,920 shares. The 52-week high of Scana Corporation (NYSE:SCG) is $71.97 and the 52-week low is $50.01.

SCANA Corporation is a holding company. SCANA, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina and in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries, SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast, and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations, Gas Distribution, Retail Gas Marketing and All Other. Electric Operations primarily generates, transmits and distributes electricity. Gas Distribution purchases and sells natural gas, primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.

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