Large Inflow of Money Detected in NextEra Energy

NextEra Energy (NEE) : Wednesdays money flow data in NextEra Energy (NEE) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $51.86 million, whereas, $30.59 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.7, in favor of the bulls. The total money flow into the stock was $21.27 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $24.23 million. The total value of block trades done on upticks was $24.23 million. NextEra Energy (NEE) fell $0.88 and traded at $127.21, down -0.69% for the day, over previous days close. On a weekly basis, the shares are -0.29% over the previous weeks close.


Also, Macquarie downgrades its view on NextEra Energy (NYSE:NEE) 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 Outperform. The rating by the firm was issued on April 4, 2016.

NextEra Energy (NYSE:NEE): The stock opened at $128.57 on Wednesday but the bulls could not build on the opening and the stock topped out at $128.65 for the day. The stock traded down to $127.15 during the day, due to lack of any buying support eventually closed down at $127.21 with a loss of -0.69% for the day. The stock had closed at $128.09 on the previous day. The total traded volume was 1,686,777 shares.

The stock has recorded a 20-day Moving Average of 0.47% and the 50-Day Moving Average is 2.91%. In a related news,The officer (EVP, Federal Reg. Affairs) of Nextera Energy Inc, Kelliher Joseph T sold 11,697 shares at $124.31 on June 15, 2016. The Insider selling transaction had a total value worth of $1,454,054. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.

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