Scana Corporation (SCG): $7.34 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 1.95. The value of trades done on upticks was $15.07 million, whereas, trades done on downticks were valued at $7.73 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $7.11 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $0.84 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 8.46 was strongly in favor of the bulls. The money flow in block trades was $6.27 million. Scana Corporation (SCG) fell $1.03 traded at $72.2, a change of -1.41% over the previous day. The stock is -1.01% for the week.
SCANA Corp. has lost 0.72% in the last five trading days and dropped 1.76% in the last 4 weeks. SCANA Corp. is up 3.05% in the last 3-month period. Year-to-Date the stock performance stands at 21.4%.
Scana Corporation (NYSE:SCG): The stock opened at $73.70 on Monday but the bulls could not build on the opening and the stock topped out at $73.70 for the day. The stock traded down to $72.12 during the day, due to lack of any buying support eventually closed down at $72.20 with a loss of -1.41% for the day. The stock had closed at $73.23 on the previous day. The total traded volume was 740,261 shares.
In a related news, Harris Don Russell, officer (SCANA Senior VP/SCEG President) of Scana Corp, unloaded 2,500 shares at an average price of $65.27 on February 26, 2016. The total amount of the transaction was worth $163,175, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
SCANA Corporation is a holding company. SCANA, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina and in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries, SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast, and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations, Gas Distribution, Retail Gas Marketing and All Other. Electric Operations primarily generates, transmits and distributes electricity. Gas Distribution purchases and sells natural gas, primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.