Large Inflow of Money Detected in Southern Company (The)

Southern Company (The) (SO) : Southern Company (The) (SO) had a healthy money flow of $7.73 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $44.09 million, whereas, investors only sold shares worth $36.37 million on downticks. The stock closed the day with an up-down ratio of 1.21.The money flow in the block trades to the tune of $9.69 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $13.89 million worth of transactions were on upticks. A paltry $4.2 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 3.31. Southern Company (The) (SO) stock slid $0.86 intraday and traded at 51.49, a change of -1.64% over previous days close. However, for the week, the company shares are -2.18% compared to previous weeks close.


Southern Company has lost 1.23% in the last five trading days and dropped 2.96% in the last 4 weeks. Southern Company is up 4.21% in the last 3-month period. Year-to-Date the stock performance stands at 13.73%.

Southern Company (The) (NYSE:SO): The stock opened at $52.34 on Monday but the bulls could not build on the opening and the stock topped out at $52.48 for the day. The stock traded down to $51.46 during the day, due to lack of any buying support eventually closed down at $51.49 with a loss of -1.64% for the day. The stock had closed at $52.35 on the previous day. The total traded volume was 4,124,547 shares.

In a related news, Womack Christopher C, officer (EVP & Pres. External Affairs) of Southern Co, unloaded 46,008 shares at an average price of $53.4 on August 2, 2016. The total amount of the transaction was worth $2,456,827, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Southern Company is an operating public utility company. The primary business of the Southern Company is electricity sales by the traditional operating companies and Southern Power. Southern Companys business segments are the sale of electricity by the four traditional operating companies and Southern Power. The four traditional operating companies, including Alabama Power, Georgia Power, Gulf Power and Mississippi Power, are vertically integrated utilities providing electric service in four Southeastern states. Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Company also operates the All Other segment.

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