Shares of Duke Energy Corporation (NYSE:DUK) Sees Large Outflow of Money

Duke Energy Corporation (NYSE:DUK) : The total money flow in Duke Energy Corporation (NYSE:DUK) was negative ($6.8 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $52.73 million. Transactions on upticks were comparatively lower at $45.93 million. The uptick to downtick ratio was 0.87. The total block trades done on upticks were valued at $5.54 million. The total block trades on downticks were valued at $12.44 million. The uptick to the downtick ratio of block trades was 0.45. The money flow during block trades was negative ($6.9 million) when the stock traded with a gain of $20 cent. Duke Energy Corporation (NYSE:DUK) was $84.14, an increase of 0.24% over the previous days close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Mckee E Marie, director of Duke Energy Corp, had unloaded 1,558 shares at an average price of $76.66 in a transaction dated on May 23, 2016. The total value of the transaction was worth $119,436. Currently the company Insiders own 0.08% of Duke Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -99.91% . Institutional Investors own 58.22% of Duke Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.19%.

The company shares have rallied 18.09% from its 1 Year high price. On Jun 27, 2016, the shares registered one year high at $84.16 and the one year low was seen on Dec 3, 2015. The 50-Day Moving Average price is $80.23 and the 200 Day Moving Average price is recorded at $77.07. Duke Energy Corporation (NYSE:DUK): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.22 and $83.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.15, notching a gain of 0.25% for the day. The total traded volume was 3,699,803 . The stock had closed at $83.94 on the previous day.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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