Shares of Apache Corporation (NYSE:APA) Sees Large Outflow of Money

Apache Corporation (NYSE:APA) managed to stay afloat and traded higher with an addition of 1.31 point or 2.37% at $56.63. The money flow data is a negative $(-8.29) million with $27.61 million in upticks and $35.9 million in downticks. The intraday up/down ratio came in at 0.77. The shares have seen 5.12% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $11.97, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-11.97) million.


The stock has recorded a 20-day Moving Average of 1.19% and the 50-Day Moving Average is 3.22%. The company shares have dropped 6% in the past 52 Weeks. On May 25, 2016 The shares registered one year high of $59.59 and one year low was seen on January 20, 2016 at $32.2. The 50-day moving average is $55.21 and the 200 day moving average is recorded at $47.18. S&P 500 has rallied 1.93% during the last 52-weeks.

Apache Corporation (NYSE:APA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.82 and $54.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $56.63, notching a gain of 2.37% for the day. The total traded volume was 2,897,007 . The stock had closed at $55.32 on the previous day.

Currently the company Insiders own 0.4% of Apache Corporation shares according to the proxy statements. Institutional Investors own 97.36% of Apache Corporation shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Exec. Vice President) of Apache Corp, Harris Margery M had purchased shares worth of $46,830 in a transaction dated on August 27, 2015. A total of 1,115 shares were purchased at a price of $42 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. As of December 31, 2014, Apache had exploration and production interests in five countries: the United States, Canada, Egypt, Australia and the United Kingdom. During the year ended December 31, 2014, it participated in drilling 1,478 gross wells, with 1,407 (95%) completed as producers. As of December 31, 2013, in addition to its completed wells, several wells had not reached completion: 318 gross (214.7 net) in the United States; 27 gross (19.0 net) in Canada; 35 gross (32.5 net) in Egypt, and 3 gross (2.2 net) in the North Sea. The Companys operations in United States and Canada are constituted under its North America business, while its International business constitutes its operations in Egypt, Australia and the United Kingdom in the North Sea.

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