Large Outflow of Money Witnessed in Ameren Corporation

Ameren Corporation (AEE): The stock had negative money flow to the tune of ($10.51 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $8.96 million, whereas, the outflow of money on downticks was $19.47 million and the ratio between the two was 0.46. The block trade had a negative net money flow of ($10.27 million). On the other hand, downticks amounted to $10.27 million of the traded value, which shows distribution in the stock by traders. Ameren Corporation (AEE) closed with marginal gains of 62 cents to end the day at $52.86, an increase of 1.19% over the previous days close. The stock recorded 0.67% for the week.


Ameren Corporation (AEE) : 3 Wall Street analysts covering Ameren Corporation (AEE) believe that the average level the stock could reach for the short term is $53.33. The maximum price target given is $55 and the minimum target for short term is around $52, hence the standard deviation is calculated at $1.53.

Ameren Corporation (NYSE:AEE): stock turned positive on Friday. Though the stock opened at $52.24, the bulls momentum made the stock top out at $52.97 level for the day. The stock recorded a low of $52.24 and closed the trading day at $52.87, in the green by 1.21%. The total traded volume for the day was 1,712,047. The stock had closed at $52.24 in the previous days trading.

Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Companys subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary, ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24,000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40,000 square miles.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.