Large Inflow of Money Detected in Duke Energy Corporation

Duke Energy Corporation (DUK) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $41.91 million worth of transactions were on upticks, whereas, the downticks accounted for $29.81 million worth of transactions. The net money flow was a positive $12.09 million and the uptick to downtick ratio was 1.41. The net money flow into the stock was $12.35 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $12.35 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Duke Energy Corporation (DUK) was trading at $84.92, down $0.46 during day. The stock slid -0.54% over the previous days close. For the week, the stock recorded 0% over the previous weeks close.


Also, Equity Analysts at the Argus Research downgrades the rating on Duke Energy Corporation (NYSE:DUK). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 6, 2016.

Duke Energy Corporation (NYSE:DUK): The stock opened at $85.38 on Wednesday but the bulls could not build on the opening and the stock topped out at $85.43 for the day. The stock traded down to $84.58 during the day, due to lack of any buying support eventually closed down at $84.92 with a loss of -0.54% for the day. The stock had closed at $85.38 on the previous day. The total traded volume was 2,124,911 shares.

The stock has recorded a 20-day Moving Average of 0.31% and the 50-Day Moving Average is 4.1%. In a related news, The Securities and Exchange Commission has divulged that Mckee E Marie, director of Duke Energy Corp, had unloaded 1,558 shares at an average price of $76.66 in a transaction dated on May 23, 2016. The total value of the transaction was worth $119,436.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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