Large Inflow of Money Detected in Entergy Corporation

Entergy Corporation (ETR) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.25. The total value of inflow transactions on upticks was $5.86 million, whereas, the total value of outflow trades on downticks was $4.68 million. The total money flow was $1.18 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.3 million. The total value of the trades done on upticks was $1.3 million. Entergy Corporation (ETR) was trading with a -0.52% change over previous days close. It fell $0.42 during the day and reached $79.97. The stock was -0.39% compared to the previous weeks close.


Also, In the latest statement by the brokerage house, Jefferies maintains its outlook on Entergy Corporation (NYSE:ETR). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm raises the price target from $79 per share to $84 per share. The rating by the firm was issued on June 10, 2016.

Entergy Corporation (NYSE:ETR): The stock opened at $80.44 on Wednesday but the bulls could not build on the opening and the stock topped out at $80.60 for the day. The stock traded down to $79.82 during the day, due to lack of any buying support eventually closed down at $79.96 with a loss of -0.53% for the day. The stock had closed at $80.39 on the previous day. The total traded volume was 789,803 shares.

The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 2.47%. In a related news,The director of Entergy Corp /De/, Herman Alexis M sold 1,091 shares at $76.24 on May 16, 2016. The Insider selling transaction had a total value worth of $83,178. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.

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