Large Outflow of Money Witnessed in Westar Energy

Westar Energy (WR) : Mondays money flow analysis of Westar Energy (WR) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $1 million. In comparison, the inflow of money on upticks was a meager $0.35 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.65 million. The uptick to downtick ratio of 0.35 in the money flow shows weakness. The downtick transaction value was high at $0.63 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0.63 million). Westar Energy (WR) gained $0.14 at $56.36, a change of 0.25% over the previous days close.


Westar Energy, Inc. is up 11.57% in the last 3-month period. Year-to-Date the stock performance stands at 34.98%. Westar Energy, Inc. has dropped 0.05% in the last five trading days, however, the shares have posted positive gains of 1.06% in the last 4 weeks. In a related news, The officer (SVP, Strategy), of Westar Energy Inc /Ks, Greenwood Greg A had unloaded 5,000 shares at $46.9 per share in a transaction on March 10, 2016. The total value of transaction was $234,500. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Westar Energy (NYSE:WR): stock turned positive on Monday. Though the stock opened at $56.2, the bulls momentum made the stock top out at $56.465 level for the day. The stock recorded a low of $56.18 and closed the trading day at $56.36, in the green by 0.25%. The total traded volume for the day was 541,050. The stock had closed at $56.22 in the previous days trading.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 693,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energys wholly owned subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential, commercial and industrial. It has around 6,645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.

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