Dynegy (DYN) : Traders are bullish on Dynegy (DYN) as it has outperformed the S&P 500 by a wide margin of 1.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.48%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.02% in the last 1 week, and is up 6.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 7.59% and the 50-Day Moving Average is 0.24%.
Dynegy (NYSE:DYN): The stock opened at $18.06 on Friday but the bulls could not build on the opening and the stock topped out at $18.17 for the day. The stock traded down to $17.68 during the day, due to lack of any buying support eventually closed down at $17.98 with a loss of -0.11% for the day. The stock had closed at $18.00 on the previous day. The total traded volume was 1,344,360 shares.
The company Insiders own 1.5% of Dynegy shares according to the proxy statements. Institutional Investors own 99.43% of Dynegy shares. During last six month period, the net percent change held by insiders has seen a change of 2.34%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Dynegy Inc., Flexon Robert C had purchased shares worth of $100,800 in a transaction dated on March 1, 2016. A total of 10,000 shares were purchased at a price of $10.08 per share. The information is based on open market trades at the market prices.Option exercises are not covered.