Large Inflow of Money Witnessed in Dominion Resources

Dominion Resources (D) : On Thursday, The money flowed into the Dominion Resources (D) stock with an uptick to downtick ratio was recorded at 1.42. Transactions worth $43.23 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $30.51 million. The total money flow into the stock was $12.72 million. The block trades reveal a bullish bias with an up-down ratio of 8.44. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $15.14 million of block transactions on upticks. The value of block trades on downticks was $1.79 million, indicating lower selling interest. The total money flow in block trades was $13.35 million. In terms of price action, Dominion Resources (D) traded down $1.45 during the session at $77.47. Compared to the previous days closing, the stock was down only by -1.84%. For the week, the stock is -0.5%, over previous weeks closing.


Dominion Resources (D) : 7 investment research analysts covering Dominion Resources (D) have an average price target of $78.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $83 and the lowest target is $71 for the short term. Analysts expect the variance to be within $5.15 of the average price. The stock has recorded a 20-day Moving Average of 3.27% and the 50-Day Moving Average is 6.74%.

Dominion Resources (NYSE:D): The stock opened at $78.72 on Thursday but the bulls could not build on the opening and the stock topped out at $78.92 for the day. The stock traded down to $77.25 during the day, due to lack of any buying support eventually closed down at $77.47 with a loss of -1.84% for the day. The stock had closed at $78.92 on the previous day. The total traded volume was 2,572,152 shares.

Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.

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