Large Inflow of Money Detected in American Electric Power Company

American Electric Power Company (AEP) : $32.92 million worth of transactions were on upticks in American Electric Power Company (AEP), compared to $24.96 million on downticks. The ratio between the two was 1.32, whereas, the net money flow stood at a healthy $7.96 million on Thursdays session.The block trades show a bullish bias with only $0.8 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $10.46million worth of trades. The up-down ratio between the uptick and downtick was 13.02, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $9.66 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.9%. The stock was trading at $69.38, with a drop of $0.63 over the previous days close. The stock recorded -1.88% for the week.


The stock has recorded a 20-day Moving Average of 1.02% and the 50-Day Moving Average is 4.38%. Shares have rallied 27.76% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $71.32 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $66.99 and the 200 Day Moving Average price is recorded at $63.81.

American Electric Power Company (NYSE:AEP): The stock opened at $69.46 on Thursday but the bulls could not build on the opening and the stock topped out at $69.90 for the day. The stock traded down to $69.15 during the day, due to lack of any buying support eventually closed down at $69.38 with a loss of -0.90% for the day. The stock had closed at $70.01 on the previous day. The total traded volume was 2,473,277 shares.

In an insider trading activity, Mccullough Mark C, officer (Executive Vice President) of American Electric Power Co Inc, executed a transaction worth $284,737 on May 25, 2016. A total of 4,489 shares were purchased at an average price of $63.43. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

American Electric Power Company, Inc. is a utility holding company. It operates in five segments. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. The Transmission and Distribution Utilities segment transmits and distributes electricity through Ohio Power Company, AEP Texas Central Company and AEP Texas North Company. The Generation & Marketing segments subsidiaries consist of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. AEP Transmission Holdco is a holding company for AEPs transmission joint ventures and AEP Transmission Company, LLC. The AEP River Operations segment transports liquid, coal and dry bulk commodities.

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