Large Inflow of Money Detected in WGL Holdings Inc

WGL Holdings Inc (WGL) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $3.08 million worth of transactions were on upticks, whereas, the downticks accounted for $2.24 million worth of transactions. The net money flow was a positive $0.84 million and the uptick to downtick ratio was 1.37. The net money flow into the stock was $0.93 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.93 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. WGL Holdings Inc (WGL) was trading at $66.02, down $0.13 during day. The stock slid -0.2% over the previous days close. For the week, the stock recorded -3.14% over the previous weeks close.


WGL Holdings Inc. has lost 3.09% in the last five trading days and dropped 8.38% in the last 4 weeks. WGL Holdings Inc. has dropped 3.7% during the last 3-month period . Year-to-Date the stock performance stands at 5.89%.

WGL Holdings Inc (NYSE:WGL): The stock opened at $66.13 on Monday but the bulls could not build on the opening and the stock topped out at $66.23 for the day. The stock traded down to $65.15 during the day, due to lack of any buying support eventually closed down at $65.29 with a loss of -1.30% for the day. The stock had closed at $66.15 on the previous day. The total traded volume was 270,414 shares.

In a related news, Floyd Nancy C, director of Wgl Holdings Inc, unloaded 850 shares at an average price of $68.28 on May 16, 2016. The total amount of the transaction was worth $58,038, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

WGL Holdings, Inc. (WGL Holdings), is a United States of America-based public utility holding. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. Promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers, investors, employees, and the communities it serves. The Companys business segments include Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. WGL Holdings owns all of the shares of common stock of Washington Gas, Washington Gas Resources, Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources owns four unregulated subsidiaries that include WGEServices, WGESystems, and WGL Midstream.

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