Shares of AGL Resources (NYSE:GAS) Sees Large Outflow of Money

AGL Resources (NYSE:GAS) surged 0.03% during the last session. The last traded price was up 0.02 points at $65.87. The data for the fund flow suggests that the net intraday money flow was $(-0.27) million. The fund value in upticks was recorded to be $0.08 million and in downticks, it was found to be $0.35 million. The up/down ratio for the day was measured to be 0.23. For the week, the shares have seen a percentage change of -0.08%.


The stock has recorded a 20-day Moving Average of 0.16% and the 50-Day Moving Average is 0.58%. The company shares have rallied 38.05% in the past 52 Weeks. On May 3, 2016 The shares registered one year high of $66.49 and one year low was seen on July 1, 2015 at $46.36. The 50-day moving average is $65.83 and the 200 day moving average is recorded at $64.73. S&P 500 has rallied 1.93% during the last 52-weeks.

AGL Resources (NYSE:GAS): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $65.88 and $65.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.87, notching a gain of 0.03% for the day. The total traded volume was 770,286 . The stock had closed at $65.85 on the previous day.

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,The director officer (President & CEO) of Agl Resources Inc, Evans Andrew W sold 9,084 shares at $66.17 on May 9, 2016. The Insider selling transaction had a total value worth of $601,088. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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