Large Inflow of Money Detected in American Water Works

American Water Works (AWK) : The money flow analysis of American Water Works (AWK) indicates a $14.55 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $18.71 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.29 and so was the total money flow at $4.16 million. A solid up-down ratio of 4.02 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $5.64 million worth of block trades on upticks. Only $1.4 million worth of the stock exchanged hands on downticks. The money flow was $4.24 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of American Water Works (AWK), pushing it down by -0.16% for the day. The stock slid $0.13 and traded at $81.59 during the day. Nonetheless, the stock is 0% over the previous weeks close.


Also, Bank of America downgrades its view on American Water Works (NYSE:AWK) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on July 6, 2016.

American Water Works (NYSE:AWK): The stock opened at $81.80 on Wednesday but the bulls could not build on the opening and the stock topped out at $81.99 for the day. The stock traded down to $81.33 during the day, due to lack of any buying support eventually closed down at $81.59 with a loss of -0.16% for the day. The stock had closed at $81.72 on the previous day. The total traded volume was 885,232 shares.

The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 4.62%. In a related news,The officer (VP and Treasurer) of American Water Works Company, Inc., Degillio Deborah A sold 1,866 shares at $74.3 on May 17, 2016. The Insider selling transaction had a total value worth of $138,644. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).

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