Shares of Portland General Electric Company (POR) Sees Large Inflow of Net Money Flow

Portland General Electric Company (POR) : Portland General Electric Company (POR) had a healthy money flow of $1.64 million into the stock during the Tuesdays trading session. The value of bullish trades on upticks was $7.02 million, whereas, investors only sold shares worth $5.38 million on downticks. The stock closed the day with an up-down ratio of 1.3.The money flow in the block trades to the tune of $0.92 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.92 million worth of transactions were on upticks. Portland General Electric Company (POR) stock slid $0.39 intraday and traded at 43.66, a change of -0.89% over previous days close. However, for the week, the company shares are -1.58% compared to previous weeks close.


The company Insiders own 0.47% of Portland General Electric Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -49.84% . Institutional Investors own 95.67% of Portland General Electric Company shares. During last six month period, the net percent change held by insiders has seen a change of -49.84%. In an insider trading activity, The (Sr. Vice President), of Portland General Electric Co /Or/, Pope Maria M had unloaded 13,500 shares at $41.6 per share in a transaction on May 9, 2016. The total value of transaction was $561,600. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Portland General Electric Company has dropped 3.4% in the last five trading days, however, the shares have posted positive gains of 2.75% in the last 4 weeks. Portland General Electric Company is up 11.53% in the last 3-month period. Year-to-Date the stock performance stands at 21.47%.

Portland General Electric Company (NYSE:POR): On Tuesdays trading session , Opening price of the stock was $43.77 with an intraday high of $43.92. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $43.36. However, the stock managed to close at $43.51, a loss of 1.23% for the day. On the previous day, the stock had closed at $44.05. The total traded volume of the day was 893,278 shares.

Portland General Electric Company (PGE) is a vertically integrated electric utility company engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities, brokers and power marketers. The Companys resources consist of six thermal plants, which include natural gas- and coal-fired turbines, two wind farms and seven hydroelectric plants. The Company has a resource capacity of approximately 1,389 megawatts (MW) of natural gas, 814 MW of coal, 717 MW of wind and 494 MW of hydro. The Company has contractual rights for transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and to the Western Interconnection. The Company has four natural gas-fired generating facilities: Port Westward Unit 1, Port Westward Unit 2, Beaver and Coyote Springs Unit 1 (Coyote Springs).

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