Kinder Morgan (KMI): $1.48 million was the positive money flow into the stock on Friday and the up/down ratio of ticks was also in favor of the bulls at 1.04. The value of trades done on upticks was $41.64 million, whereas, trades done on downticks were valued at $40.16 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $7.65 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $6.48 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.18 was strongly in favor of the bulls. The money flow in block trades was $1.16 million. Kinder Morgan (KMI) fell $0.01 traded at $20.94, a change of -0.05% over the previous day. The stock is -0.43% for the week.
Kinder Morgan (KMI) : The consensus price target for Kinder Morgan (KMI) is $21.29 for the short term with a standard deviation of $3.02. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $26, however, the pessimist price target for the company is $17.
Kinder Morgan (NYSE:KMI): stock turned positive on Friday. Though the stock opened at $21.03, the bulls momentum made the stock top out at $21.37 level for the day. The stock recorded a low of $20.85 and closed the trading day at $21.22, in the green by 1.29%. The total traded volume for the day was 24,263,354. The stock had closed at $20.95 in the previous days trading.
In a related news, Sanders Dax, officer (V.P. Corporate Development) of Kinder Morgan, Inc. had purchased 3,000 shares on February 1, 2016 in a transaction. The price per share was $15.32 and the total amount of the disclosed transaction was $45,960.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.