Alliant Energy Corporation (LNT) : Alliant Energy Corporation (LNT) had a healthy money flow of $10.67 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $23.64 million, whereas, investors only sold shares worth $12.97 million on downticks. The stock closed the day with an up-down ratio of 1.82.The money flow in the block trades to the tune of $8.98 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $10.89 million worth of transactions were on upticks. A paltry $1.91 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 5.71. Alliant Energy Corporation (LNT) stock slid $0.93 intraday and traded at 39.85, a change of -2.28% over previous days close. However, for the week, the company shares are -1.34% compared to previous weeks close.
Alliant Energy Corporation (LNT) : 2 Wall Street analysts covering Alliant Energy Corporation (LNT) believe that the average level the stock could reach for the short term is $38.5. The maximum price target given is $39 and the minimum target for short term is around $38, hence the standard deviation is calculated at $0.71. The stock has recorded a 20-day Moving Average of 1.21% and the 50-Day Moving Average is 6.04%.
Alliant Energy Corporation (NYSE:LNT): The stock opened at $40.47 on Thursday but the bulls could not build on the opening and the stock topped out at $40.70 for the day. The stock traded down to $39.69 during the day, due to lack of any buying support eventually closed down at $39.85 with a loss of -2.28% for the day. The stock had closed at $40.78 on the previous day. The total traded volume was 2,742,003 shares.
Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa, Wisconsin and Minnesota. The Companys business segments are Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. The Companys Non-regulated, Parent and Other segment includes the operations of Alliant Energy Resources, LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services, Inc. (Corporate Services); the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.