Large Outflow of Money Witnessed in Eversource Energy

Eversource Energy (NYSE:ES) surged 0.07% during the last session. The last traded price was up 0.04 points at $56.82. The data for the fund flow suggests that the net intraday money flow was $(-13.12) million. The fund value in upticks was recorded to be $6.76 million and in downticks, it was found to be $19.88 million. The up/down ratio for the day was measured to be 0.34. For the week, the shares have seen a percentage change of 0.25%.A block trade of $(-14.01) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $14.01 million. The block tradeoff had the up/down ratio of 0.

Shares of Eversource Energy rose by 0.37% in the last five trading days and 4.69% for the last 4 weeks. Eversource Energy is up 0.3% in the last 3-month period. Year-to-Date the stock performance stands at 13.24%.

Currently the company Insiders own 0.89% of Eversource Energy shares according to the proxy statements. Institutional Investors own 70.43% of Eversource Energy shares. During last six month period, the net percent change held by insiders has seen a change of -17.82%. . On the companys insider trading activities, The officer (Executive VP and COO), of Eversource Energy, Schweiger Werner J had unloaded 10,000 shares at $57 per share in a transaction on March 8, 2016. The total value of transaction was $570,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Eversource Energy (NYSE:ES) rose 0.19% or 0.11 points on Friday and made its way into the gainers of the day. After trading began at $56.77 the stock was seen hitting $56.89 as a peak level and $56.345 as the lowest level. The stock ended up at $56.89. The daily volume was measured at 1,858,689 shares. The 52-week high of the share price is $59.09 and the 52-week low is $44.64. The company has a market cap of $18,046 million.

Eversource Energy, formerly Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Companys electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from the Companys natural gas distribution companies.

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