Shares of DTE Energy Company (NYSE:DTE) Sees Large Outflow of Money

DTE Energy Company (NYSE:DTE) surged 0.28% during the last session. The last traded price was up 0.27 points at $94.18. The data for the fund flow suggests that the net intraday money flow was $(-2.54) million. The fund value in upticks was recorded to be $7.87 million and in downticks, it was found to be $10.41 million. The up/down ratio for the day was measured to be 0.76. For the week, the shares have seen a percentage change of -0.22%.


The stock has recorded a 20-day Moving Average of 2.72% and the 50-Day Moving Average is 4.98%. The company shares have rallied 26.29% in the past 52 Weeks. On June 15, 2016 The shares registered one year high of $95.03 and one year low was seen on June 26, 2015 at $73.39. The 50-day moving average is $91.25 and the 200 day moving average is recorded at $86.36. S&P 500 has rallied 1.93% during the last 52-weeks.

DTE Energy Company (NYSE:DTE): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $93.91 and $93.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $94.03, notching a gain of 0.13% for the day. The total traded volume was 614,083 . The stock had closed at $93.91 on the previous day.

Currently the company Insiders own 0.93% of DTE Energy Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.47% . Institutional Investors own 67.89% of DTE Energy Company shares. During last six month period, the net percent change held by insiders has seen a change of -16.92%. On the companys insider trading activities, Muschong Lisa A., officer (Corporate Secretary) of Dte Energy Co, unloaded 1,075 shares at an average price of $92.79 on June 3, 2016. The total amount of the transaction was worth $99,749, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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