Large Inflow of Money Detected in Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated (PEG) : Mondays money flow indicated an uptick to downtick ratio was at 1.56. The total value of inflow transactions on upticks was $23.44 million, whereas, the total value of outflow trades on downticks was $15.05 million. The total money flow was $8.39 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $9.26 million. The total value of the trades done on upticks was $13.58 million. Downticks saw transactions worth $4.32 million. The total uptick to downtick ratio stood at 3.14, mildly in favor of the bulls. Public Service Enterprise Group Incorporated (PEG) was trading with a -1.25% change over previous days close. It fell $0.55 during the day and reached $43.42. The stock was -1.23% compared to the previous weeks close.


Public Service Enterprise Group Inc. has lost 1.41% in the last five trading days and dropped 5.34% in the last 4 weeks. Public Service Enterprise Group Inc. has dropped 4.62% during the last 3-month period . Year-to-Date the stock performance stands at 14.3%.

Public Service Enterprise Group Incorporated (NYSE:PEG): The stock opened at $43.90 on Monday but the bulls could not build on the opening and the stock topped out at $44.09 for the day. The stock traded down to $43.41 during the day, due to lack of any buying support eventually closed down at $43.42 with a loss of -1.25% for the day. The stock had closed at $43.97 on the previous day. The total traded volume was 2,346,987 shares.

In a related news,The director officer (Chairman, President and CEO) of Public Service Enterprise Group Inc, Izzo Ralph sold 43,564 shares at $45.76 on August 1, 2016. The Insider selling transaction had a total value worth of $1,993,489. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Companys other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C., which owns and manages a portfolio of lease investments; PSEG Long Island LLC, which operates the Long Island Power Authoritys (LIPA) transmission and distribution system under a contractual agreement, and PSEG Services Corporation, which provides certain management, administrative and general services to PSEG and its subsidiaries.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.