Large Inflow of Money Detected in EQT Corporation

EQT Corporation (EQT) : EQT Corporation (EQT) had a healthy money flow of $6.59 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $26.78 million, whereas, investors only sold shares worth $20.18 million on downticks. The stock closed the day with an up-down ratio of 1.33.The money flow in the block trades to the tune of $7.71 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $8.9 million worth of transactions were on upticks. A paltry $1.19 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 7.48. EQT Corporation (EQT) stock slid $0.06 intraday and traded at 68.26, a change of -0.09% over previous days close. However, for the week, the company shares are -2.39% compared to previous weeks close.


EQT Corporation has lost 2.21% in the last five trading days and dropped 9.62% in the last 4 weeks. EQT Corporation has dropped 2.23% during the last 3-month period . Year-to-Date the stock performance stands at 31.12%.

EQT Corporation (NYSE:EQT): The stock opened at $68.50 on Monday but the bulls could not build on the opening and the stock topped out at $68.77 for the day. The stock traded down to $68.02 during the day, due to lack of any buying support eventually closed down at $68.26 with a loss of -0.09% for the day. The stock had closed at $68.32 on the previous day. The total traded volume was 1,579,589 shares.

In a related news, Cary A. Bray Jr., director of Eqt Corp, executed a transaction worth $21,448 on July 1, 2016. A total of 277 shares were purchased at an average price of $77.43. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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