FirstEnergy Corporation (FE) : Net money flow in FirstEnergy Corporation (FE) was negative ($0.95 million) and the inflow of money on uptick was $0.47 million, whereas, the outflow of money on downticks amounted to $1.42 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.33. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $0.92 million. The money flow in block trades was negative ($0.92). FirstEnergy Corporation (FE) gained $0.03 cent during the day and reached $36.22, a gain of 0.08% over the previous day.
FirstEnergy Corp. is up 2.32% in the last 3-month period. Year-to-Date the stock performance stands at 16.89%. Shares of FirstEnergy Corp. rose by 0.5% in the last five trading days and 6.77% for the last 4 weeks. In a related news, Strah Steven E, officer (Sr VP & President FE Utilities) of Firstenergy Corp had purchased 560 shares on March 14, 2016 in a transaction. The price per share was $35.59 and the total amount of the disclosed transaction was $19,930.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
FirstEnergy Corporation (NYSE:FE): stock turned positive on Monday. Though the stock opened at $36.15, the bulls momentum made the stock top out at $36.33 level for the day. The stock recorded a low of $36.11 and closed the trading day at $36.29, in the green by 0.28%. The total traded volume for the day was 1,852,147. The stock had closed at $36.19 in the previous days trading.
FirstEnergy Corp. is a holding company. The Company operates through three segments: Regulated Distribution, Regulated Transmission and Competitive Energy Services (CES). The Regulated Distribution segment distributes electricity through its 10 utility operating companies, serving customers within 65,000 square miles of Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. The Regulated Transmission segment transmits electricity through transmission facilities. The CES segment supplies electricity to end-use customers through retail and wholesale arrangements, including retail sales to customers in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland. The Companys principal subsidiaries include Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Metropolitan Edison Company, Pennsylvania Electric Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., Allegheny Energy Supply Company, LLC, among others.