Large Outflow of Money Witnessed in Southern Company (The)

Southern Company (The) (NYSE:SO) During the most recent session, the shares traded at 0.03 points or 0.05% higher at $51.14. The money flow data is unimpressive with the net money flow value of $(-10.56) million. As per the intraday data, the upticks measured $22.9 million and the downticks measured $33.46 million. As a result, the up/down ratio registered a value of 0.68. The shares have seen 1.9% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $8.15 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-8.15) million.


Currently the company Insiders own 1% of Southern Company (The) shares according to the proxy statements. Institutional Investors own 49.98% of Southern Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -18.9%. On the companys insider trading activities,The officer (Pres. & CEO, Southern Nuclear) of Southern Co, Kuczynski Stephen E sold 62,729 shares at $51.43 on May 4, 2016. The Insider selling transaction had a total value worth of $3,226,152. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Southern Company (The) (NYSE:SO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.12 points or 0.23% at $50.99 with 5,246,749 shares getting traded. Post opening the session at $51, the shares hit an intraday low of $50.91 and an intraday high of $51.34 and the price was in this range throughout the day. The company has a market cap of $46,822 million and the number of outstanding shares have been calculated to be 918,258,430 shares. The 52-week high of Southern Company (The) (NYSE:SO) is $51.79 and the 52-week low is $41.4.

Many analysts have stated their opinion on the company shares. Scotia Howard Wiel initiates coverage on Southern Company (The) (NYSE:SO) The current rating of the shares is Sector Perform. The rating by the firm was issued on May 13, 2016.

Southern Company is an operating public utility company. The primary business of the Southern Company is electricity sales by the traditional operating companies and Southern Power. Southern Companys business segments are the sale of electricity by the four traditional operating companies and Southern Power. The four traditional operating companies, including Alabama Power, Georgia Power, Gulf Power and Mississippi Power, are vertically integrated utilities providing electric service in four Southeastern states. Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Company also operates the All Other segment.

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