Shares of NiSource Inc (NYSE:NI) Sees Large Outflow of Money

NiSource Inc (NYSE:NI) surged 0.84% during the last session. The last traded price was up 0.21 points at $25.3. The data for the fund flow suggests that the net intraday money flow was $(-7.31) million. The fund value in upticks was recorded to be $5.19 million and in downticks, it was found to be $12.5 million. The up/down ratio for the day was measured to be 0.42. For the week, the shares have seen a percentage change of 0.16%.A block trade of $(-7.85) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $7.85 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 3.12% and the 50-Day Moving Average is 6.44%. The company shares have rallied 34.83% in the past 52 Weeks. On June 16, 2016 The shares registered one year high of $25.51 and one year low was seen on September 4, 2015 at $16.04. The 50-day moving average is $24.15 and the 200 day moving average is recorded at $22.09. S&P 500 has rallied 1.93% during the last 52-weeks.

NiSource Inc (NYSE:NI): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.09 and $25.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.30, notching a gain of 0.84% for the day. The total traded volume was 2,666,219 . The stock had closed at $25.09 on the previous day.

Currently the company Insiders own 0.32% of NiSource Inc shares according to the proxy statements. Institutional Investors own 83.02% of NiSource Inc shares. During last six month period, the net percent change held by insiders has seen a change of -10.85%. On the companys insider trading activities, Levander Carl W, officer (EVP & Chief Regulatory Officer) of Nisource Inc/De, unloaded 6,000 shares at an average price of $22.39 on March 7, 2016. The total amount of the transaction was worth $134,340, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

NiSource Inc. (NiSource) is an energy holding company. The Company, through its subsidiaries provides natural gas, electricity and other products and services. It is also engaged in the distribution of natural gas. The Companys business segments include: Gas Distribution Operations, which provides natural gas service and transportation services for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts; Columbia Pipeline Group Operations, which provides gas transportation and storage services for local distribution companies (LDCs), marketers and industrial and commercial customers located in 16 northeastern, mid-Atlantic, Midwestern and southern states and the District of Columbia along with unregulated businesses that include midstream services and development of mineral rights positions, and Electric Operations, which provides electric services in approximately 20 counties in the northern part of Indiana.

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