Westar Energy (WR) : Westar Energy (WR) had a healthy money flow of $1.21 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $6.78 million, whereas, investors only sold shares worth $5.56 million on downticks. The stock closed the day with an up-down ratio of 1.22.The money flow in the block trades to the tune of $0.96 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.96 million worth of transactions were on upticks. Westar Energy (WR) stock slid $0.2 intraday and traded at 53.26, a change of -0.36% over previous days close. However, for the week, the company shares are -1.34% compared to previous weeks close.
Westar Energy, Inc. has lost 1.17% in the last five trading days and dropped 5.25% in the last 4 weeks. Westar Energy, Inc. is up 2.57% in the last 3-month period. Year-to-Date the stock performance stands at 27.58%.
Westar Energy (NYSE:WR): The stock opened at $53.66 on Monday but the bulls could not build on the opening and the stock topped out at $53.67 for the day. The stock traded down to $53.06 during the day, due to lack of any buying support eventually closed down at $53.27 with a loss of -0.34% for the day. The stock had closed at $53.45 on the previous day. The total traded volume was 656,257 shares.
In a related news, The officer (SVP, Strategy), of Westar Energy Inc /Ks, Greenwood Greg A had unloaded 5,000 shares at $46.9 per share in a transaction on March 10, 2016. The total value of transaction was $234,500. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 693,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energys wholly owned subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential, commercial and industrial. It has around 6,645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.