Large Inflow of Money Detected in Eversource Energy

Eversource Energy (ES) : Mondays money flow indicated an uptick to downtick ratio was at 1.88. The total value of inflow transactions on upticks was $15.89 million, whereas, the total value of outflow trades on downticks was $8.46 million. The total money flow was $7.43 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $8.23 million. The total value of the trades done on upticks was $8.23 million. Eversource Energy (ES) was trading with a -1.54% change over previous days close. It fell $0.88 during the day and reached $56.37. The stock was -0.65% compared to the previous weeks close.


Eversource Energy has lost 0.7% in the last five trading days and dropped 2.59% in the last 4 weeks. Eversource Energy has dropped 0.95% during the last 3-month period . Year-to-Date the stock performance stands at 12.2%.

Eversource Energy (NYSE:ES): The stock opened at $57.37 on Monday but the bulls could not build on the opening and the stock topped out at $57.37 for the day. The stock traded down to $56.34 during the day, due to lack of any buying support eventually closed down at $56.37 with a loss of -1.54% for the day. The stock had closed at $57.25 on the previous day. The total traded volume was 1,176,219 shares.

In a related news, Schweiger Werner J, officer (Executive VP and COO) of Eversource Energy, unloaded 10,000 shares at an average price of $57 on March 8, 2016. The total amount of the transaction was worth $570,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Eversource Energy, formerly Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Companys electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from the Companys natural gas distribution companies.

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