Shares of General Electric Company (NYSE:GE) Sees Large Outflow of Money

General Electric Company (NYSE:GE) traded higher in the last at $30.94, gaining 0.11 points or 0.36%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-240.41) million. The composite uptick value of $120.77 million was eclipsed by the accrued downtick value of $361.18 million, thereby ensuring the up/down ratio of 0.33. For the week, the shares have posted returns of 1.11%.A block trade registered during the day has revealed $38.63 million in upticks and $289.21 million in downticks. The up/down ratio in this case turned out to be 0.13. The net money flow for the block trade was $(-250.59) million.


The stock has recorded a 20-day Moving Average of 3.16% and the 50-Day Moving Average is 2.65%. The company shares have rallied 11.91% in the past 52 Weeks. On March 31, 2016 The shares registered one year high of $32.05 and one year low was seen on August 24, 2015 at $19.37. The 50-day moving average is $30.11 and the 200 day moving average is recorded at $30.03. S&P 500 has rallied 1.93% during the last 52-weeks.

General Electric Company (NYSE:GE): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.88 and $30.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.94, notching a gain of 0.36% for the day. The total traded volume was 36,034,262 . The stock had closed at $30.83 on the previous day.

Currently the company Insiders own 0.23% of General Electric Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.16% . Institutional Investors own 56.58% of General Electric Company shares. During last six month period, the net percent change held by insiders has seen a change of 2.42%. On the companys insider trading activities, Immelt Jeffrey R, CEO of General Electric Co, executed a transaction worth $2,000,284 on May 20, 2016. A total of 67,600 shares were purchased at an average price of $29.59. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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