Public Service Enterprise Group Incorporated (PEG) : Tuesdays money flow data in Public Service Enterprise Group Incorporated (PEG) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $21.52 million, whereas, $13.83 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.56, in favor of the bulls. The total money flow into the stock was $7.69 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $7.2 million. The total value of block trades done on upticks was $8.38 million. The value of bearish trades on downticks was only $1.18 million.The up/down ratio in the block trades was a healthy 7.12 in favor of the bulls, suggesting strong buying in the stock by large traders. Public Service Enterprise Group Incorporated (PEG) fell $0.19 and traded at $45.95, down -0.41% for the day, over previous days close. On a weekly basis, the shares are -1.18% over the previous weeks close.
The company Insiders own 0.71% of Public Service Enterprise Group Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -28.76% . Institutional Investors own 67.45% of Public Service Enterprise Group Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -28.08%. In an insider trading activity,The director officer (Chairman, President and CEO) of Public Service Enterprise Group Inc, Izzo Ralph sold 43,313 shares at $46.4 on July 1, 2016. The Insider selling transaction had a total value worth of $2,009,723. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Public Service Enterprise Group Inc. has dropped 2.66% in the last five trading days, however, the shares have posted positive gains of 2.43% in the last 4 weeks. Public Service Enterprise Group Inc. has dropped 0.88% during the last 3-month period . Year-to-Date the stock performance stands at 19.62%.
Public Service Enterprise Group Incorporated (NYSE:PEG): On Tuesdays trading session , Opening price of the stock was $45.71 with an intraday high of $45.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $45.27. However, the stock managed to close at $45.44, a loss of 1.11% for the day. On the previous day, the stock had closed at $45.95. The total traded volume of the day was 2,449,855 shares.
Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Companys other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C., which owns and manages a portfolio of lease investments; PSEG Long Island LLC, which operates the Long Island Power Authoritys (LIPA) transmission and distribution system under a contractual agreement, and PSEG Services Corporation, which provides certain management, administrative and general services to PSEG and its subsidiaries.