Shares of Xcel Energy (NYSE:XEL) Sees Large Outflow of Money

Xcel Energy (NYSE:XEL) : The total negative money flow of $1.07 million on Wednesday indicates selling on strength. The inflow of money on upticks was $1.05 million, compared to $2.13 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.49. The negative money flow of $1.01 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $1.01 million. The price action in the Xcel Energy (NYSE:XEL) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $44.08 with a gain of $0.33 , a change of 0.75% over the previous days close. The stock registered 1.8% for the week.


In an insider trading activity,The officer (President, PSCO) of Xcel Energy Inc, Eves David L sold 6,698 shares at $35.57 on November 3, 2015. The Insider selling transaction had a total value worth of $238,248. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 0.2% of Xcel Energy shares according to the proxy statements. Institutional Investors own 72.26% of Xcel Energy shares.

The company shares have rallied 34.62% from its 1 Year high price. On Jun 27, 2016, the shares registered one year high at $43.89 and the one year low was seen on Jul 1, 2015. The 50-Day Moving Average price is $41.89 and the 200 Day Moving Average price is recorded at $39.74. Xcel Energy (NYSE:XEL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.97 and $43.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.85, notching a gain of 0.23% for the day. The total traded volume was 2,583,720 . The stock had closed at $43.75 on the previous day.

Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.

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