Large Outflow of Money Witnessed in Duke Energy Corporation

Duke Energy Corporation (DUK) : The value of composite uptick trades was $20.45 million, whereas, the value of composite downtick trades was $23.07 million. The uptick to downtick ratio stood at 0.89 with a negative money flow of ($2.62) Million during Fridays trading session. The block trades money flow was negative ($2.43 million).The uptick to the downtick ratio of 0.26 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.87 million. The transaction of the trades on downticks amounted to $3.29 million, which confirms investors selling on the strength of price. Duke Energy Corporation (DUK) gained 113 cents at $86.53, an increase of 1.32% over the previous days close.


Duke Energy Corporation (DUK) : Average target price received by Duke Energy Corporation (DUK) is $80.9 with an expected standard deviation of $5.55. The most aggressive target on the stock is $89, whereas the most downbeat target is $74. 10 financial analysts are currently covering the stock.

Duke Energy Corporation (NYSE:DUK): stock turned positive on Friday. Though the stock opened at $85.25, the bulls momentum made the stock top out at $86.57 level for the day. The stock recorded a low of $85 and closed the trading day at $86.5, in the green by 1.29%. The total traded volume for the day was 2,226,854. The stock had closed at $85.4 in the previous days trading.

In a related news, The director, of Duke Energy Corp, Mckee E Marie had unloaded 1,558 shares at $76.66 per share in a transaction on May 23, 2016. The total value of transaction was $119,436. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

Leave a Reply

Get Pre-Market Alerts!

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