Large Inflow of Money Detected in Edison International

Edison International (EIX) : On Monday, The money flowed into the Edison International (EIX) stock with an uptick to downtick ratio was recorded at 1.17. Transactions worth $14.1 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $12.08 million. The total money flow into the stock was $2.02 million. The block trades reveal a bullish bias with an up-down ratio of 4.99. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $3.76 million of block transactions on upticks. The value of block trades on downticks was $0.75 million, indicating lower selling interest. The total money flow in block trades was $3.01 million. In terms of price action, Edison International (EIX) traded down $1.32 during the session at $74.52. Compared to the previous days closing, the stock was down only by -1.74%. For the week, the stock is -0.62%, over previous weeks closing.


Edison International has lost 0.52% in the last five trading days and dropped 3.39% in the last 4 weeks. Edison International is up 5.07% in the last 3-month period. Year-to-Date the stock performance stands at 27.58%.

Edison International (NYSE:EIX): The stock opened at $75.82 on Monday but the bulls could not build on the opening and the stock topped out at $75.98 for the day. The stock traded down to $74.51 during the day, due to lack of any buying support eventually closed down at $74.56 with a loss of -1.69% for the day. The stock had closed at $75.84 on the previous day. The total traded volume was 1,340,355 shares.

In a related news, Vasquez Gaddi H., officer (Senior Vice President) of Edison International, unloaded 6,842 shares at an average price of $73.83 on June 10, 2016. The total amount of the transaction was worth $505,145, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Edison International is the parent holding company of Southern California Edison Company (SCE) and subsidiaries. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. Edison International is also the parent company of subsidiaries that are engaged in businesses related to the generation or use of electricity. Edison Internationals other subsidiaries include Edison Mission Group Inc. and SoCore Energy LLC. Edison Mission Group Inc. is a wholly owned subsidiary of Edison International and the parent company of Edison Mission Energy and Edison Capital. SoCore Energy LLC, a subsidiary engaged in distributed generation, has constructed 26 Megawatt of rooftop solar systems in nine states selling power back to commercial customers under power purchase agreements.

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