Large Inflow of Money Detected in Atmos Energy Corporation

Atmos Energy Corporation (ATO) : Atmos Energy Corporation (ATO) had a healthy money flow of $0.15 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $0.18 million, whereas, investors only sold shares worth $0.02 million on downticks. The stock closed the day with an up-down ratio of 7.63.The money flow in the block trades to the tune of $0 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0 million worth of transactions were on upticks. Atmos Energy Corporation (ATO) stock slid $0.05 intraday and traded at 77.21, a change of -0.06% over previous days close. However, for the week, the company shares are -1.16% compared to previous weeks close.


Atmos Energy Corporation has lost 2.38% in the last five trading days and dropped 5.36% in the last 4 weeks. Atmos Energy Corporation is up 1.63% in the last 3-month period. Year-to-Date the stock performance stands at 21.63%.

Atmos Energy Corporation (NYSE:ATO): The stock opened at $77.27 on Monday but the bulls could not build on the opening and the stock topped out at $77.37 for the day. The stock traded down to $75.67 during the day, due to lack of any buying support eventually closed down at $75.77 with a loss of -1.93% for the day. The stock had closed at $77.26 on the previous day. The total traded volume was 470,752 shares.

In a related news, Gregory Louis P, officer (Sr VP, GC & Corp. Secretary) of Atmos Energy Corp, unloaded 4,000 shares at an average price of $78.1 on August 8, 2016. The total amount of the transaction was worth $312,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment, which includes regulated distribution and related sales operations; the regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment, which includes nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.

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