Shares of Great Plains Energy Inc (NYSE:GXP) Sees Large Outflow of Money

Great Plains Energy Inc (NYSE:GXP) traded higher in the last at $29.81, gaining 0.21 points or 0.71%. 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 $(-21.86) million. The composite uptick value of $6.39 million was eclipsed by the accrued downtick value of $28.26 million, thereby ensuring the up/down ratio of 0.23. For the week, the shares have posted returns of 0.27%.A block trade registered during the day has revealed $0.71 million in upticks and $22.85 million in downticks. The up/down ratio in this case turned out to be 0.03. The net money flow for the block trade was $(-22.14) million.


The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 2.29%. The company shares have rallied 19.74% in the past 52 Weeks. On April 4, 2016 The shares registered one year high of $32.74 and one year low was seen on June 30, 2015 at $24.06. The 50-day moving average is $30.44 and the 200 day moving average is recorded at $29.49. S&P 500 has rallied 1.93% during the last 52-weeks.

Great Plains Energy Inc (NYSE:GXP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.68 and $29.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.81, notching a gain of 0.71% for the day. The total traded volume was 3,206,101 . The stock had closed at $29.60 on the previous day.

Currently the company Insiders own 0.46% of Great Plains Energy Inc shares according to the proxy statements. Institutional Investors own 79.71% of Great Plains Energy Inc shares. During last six month period, the net percent change held by insiders has seen a change of -7.35%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP) of Great Plains Energy Inc, Deggendorf Michael had sold 9,000 shares worth of $278,190 in a transaction dated March 11, 2016. In this transaction, 9,000 shares were sold at $30.91 per share.

Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. The Companys wholly owned direct subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated, regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary, Kansas City Power & Light Receivables Company (KCP&L Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO has two active wholly owned subsidiaries, GMO Receivables Company and MPS Merchant Services, Inc. (MPS Merchant).

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