Large Inflow of Money Detected in PPL Corporation

PPL Corporation (PPL): $3.52 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.38. The value of trades done on upticks was $12.8 million, whereas, trades done on downticks were valued at $9.28 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.93 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.85 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 2.13 was strongly in favor of the bulls. The money flow in block trades was $2.08 million. PPL Corporation (PPL) fell $0.23 traded at $36.94, a change of -0.62% over the previous day. The stock is -0.57% for the week.


Also, Equity Analysts at the Jefferies downgrades the rating on PPL Corporation (NYSE:PPL). 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 July 14, 2016.

PPL Corporation (NYSE:PPL): The stock opened at $37.21 on Wednesday but the bulls could not build on the opening and the stock topped out at $37.30 for the day. The stock traded down to $36.90 during the day, due to lack of any buying support eventually closed down at $36.95 with a loss of -0.59% for the day. The stock had closed at $37.17 on the previous day. The total traded volume was 3,804,404 shares.

The stock has recorded a 20-day Moving Average of 1.7% and the 50-Day Moving Average is 2.96%. In a related news,The officer (VP-IR and Treasurer) of Ppl Corp, Bergstein Joseph P Jr sold 1,581 shares at $37.06 on July 8, 2016. The Insider selling transaction had a total value worth of $58,592. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.

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