Shares of EQT Midstream Partners LP (EQM) Sees Large Inflow of Net Money Flow

EQT Midstream Partners LP (EQM) : On Tuesday, The money flowed into the EQT Midstream Partners LP (EQM) stock with an uptick to downtick ratio was recorded at 2.74. Transactions worth $9.14 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $3.33 million. The total money flow into the stock was $5.81 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $6.07 million of block transactions on upticks. The total money flow in block trades was $6.07 million. In terms of price action, EQT Midstream Partners LP (EQM) traded down $0.74 during the session at $77.65. Compared to the previous days closing, the stock was down only by -0.94%. For the week, the stock is -1.62%, over previous weeks closing.


Institutional Investors own 76.28% of EQT Midstream Partners LP shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Eqt Midstream Partners, Lp, Bryson Michael A, had purchased 1,000 shares in a transaction dated on March 18, 2015. The transaction was executed at $75 per share with total amount equaling $75,000.

Shares of EQT Midstream Partners, LP rose by 0.67% in the last five trading days and 6.18% for the last 4 weeks. EQT Midstream Partners, LP is up 7.13% in the last 3-month period. Year-to-Date the stock performance stands at 6.28%.

EQT Midstream Partners LP (NYSE:EQM): stock turned positive on Tuesday. Though the stock opened at $78.8, the bulls momentum made the stock top out at $80.31 level for the day. The stock recorded a low of $78.34 and closed the trading day at $78.55, in the green by 1.16%. The total traded volume for the day was 278,767. The stock had closed at $77.65 in the previous days trading.

EQT Midstream Partners, LP (the Partnership) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Partnership provides all of its natural gas transmission, storage and gathering services under contracts with long-term, firm reservation and/or usage fees. The Partnerships operations are primarily focused in southwestern Pennsylvania and northern West Virginia, a location in the core of the developing natural gas shale play known as the Marcellus Shale. The Partnership provides midstream services to EQT Corporation (EQT) and multiple third parties across 21 counties in Pennsylvania and West Virginia through its two primary assets: the transmission and storage system, which serves as a header system transmission pipeline, and the gathering system, which delivers natural gas from wells and other receipt points to transmission pipelines.

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