Large Outflow of Money Witnessed in Sempra Energy

Sempra Energy (SRE) : The value of composite uptick trades was $9.83 million, whereas, the value of composite downtick trades was $15.01 million. The uptick to downtick ratio stood at 0.65 with a negative money flow of ($5.19) Million during Fridays trading session. The block trades money flow was negative ($5.87 million). The transaction of the trades on downticks amounted to $5.87 million, which confirms investors selling on the strength of price. Sempra Energy (SRE) gained 72 cents at $113.78, an increase of 0.64% over the previous days close.


Sempra Energy (SRE) : 6 investment research analysts covering Sempra Energy (SRE) have an average price target of $121 for the near short term. The highest target price given by the Brokerage Firm to the stock is $127 and the lowest target is $116 for the short term. Analysts expect the variance to be within $4.34 of the average price.

Sempra Energy (NYSE:SRE): stock turned positive on Friday. Though the stock opened at $113, the bulls momentum made the stock top out at $113.92 level for the day. The stock recorded a low of $112.93 and closed the trading day at $113.78, in the green by 0.64%. The total traded volume for the day was 640,509. The stock had closed at $113.06 in the previous days trading.

In a related news,The director of Sempra Energy, Jones William D /Ca/ sold 10,000 shares at $109.69 on June 9, 2016. The Insider selling transaction had a total value worth of $1,096,900. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V., as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell, distribute and transport natural gas. The Companys units distribute electricity. SoCalGas also provides natural gas storage services.

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