Shares of WEC Energy Group (WEC) Sees Large Inflow of Net Money Flow

WEC Energy Group (WEC) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $24.46 million worth of transactions were on upticks, whereas, the downticks accounted for $15.95 million worth of transactions. The net money flow was a positive $8.51 million and the uptick to downtick ratio was 1.53. The net money flow into the stock was $8.74 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $8.74 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. WEC Energy Group (WEC) was trading at $63.71, down $1.2 during day. The stock slid -1.85% over the previous days close. For the week, the stock recorded -2.03% over the previous weeks close.


The company Insiders own 0.81% of WEC Energy Group shares according to the proxy statements. Institutional Investors own 70.09% of WEC Energy Group shares. During last six month period, the net percent change held by insiders has seen a change of -10.14%. In an insider trading activity, The Securities and Exchange Commission has divulged that Klappa Gale E, director of Wec Energy Group, Inc., had unloaded 22,000 shares at an average price of $61.53 in a transaction dated on June 3, 2016. The total value of the transaction was worth $1,353,660.

WEC Energy Group, Inc. has dropped 3.21% in the last five trading days, however, the shares have posted positive gains of 1.89% in the last 4 weeks. WEC Energy Group, Inc. is up 8.64% in the last 3-month period. Year-to-Date the stock performance stands at 26.29%.

WEC Energy Group (NYSE:WEC): On Tuesdays trading session , Opening price of the stock was $64.51 with an intraday high of $64.64. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.64. However, the stock managed to close at $63.71, a loss of 1.85% for the day. On the previous day, the stock had closed at $64.91. The total traded volume of the day was 1,699,574 shares.

WEC Energy Group,Inc., formerly Wisconsin Energy Corporation is a holding company. The Company operates through two segments: utility energy segment and non-utility energy segment. Its utility energy segment consists of Wisconsin Electric and Wisconsin Gas, operating together under the trade name of We Energies. Its non-utility energy segment consists of We Power, which owns and leases to Wisconsin Electric generation plants constructed as part of its Power the Future (PTF) strategy. Its other non-utility operations consist of the operations of its subsidiaries, Wispark LLC and Bostco LLC. Its principal utilities include Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources, among others. Its primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas), W.E. Power, LLC (We Power), Integrys Energy Group, Inc. and Integrys Holding, Inc., among others.

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