Shares of Edison International (EIX) Sees Large Inflow of Net Money Flow

Edison International (EIX) : Edison International (EIX) had a healthy money flow of $3.68 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $17.62 million, whereas, investors only sold shares worth $13.94 million on downticks. The stock closed the day with an up-down ratio of 1.26.The money flow in the block trades to the tune of $1.56 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1.56 million worth of transactions were on upticks. Edison International (EIX) stock slid $0.05 intraday and traded at 73.71, a change of -0.07% over previous days close. However, for the week, the company shares are -2.53% compared to previous weeks close.


Edison International has dropped 1.73% in the last five trading days, however, the shares have posted positive gains of 1.22% in the last 4 weeks. Edison International has dropped 3.15% during the last 3-month period . Year-to-Date the stock performance stands at 26.11%.

Edison International (EIX) : The consensus on Edison International (EIX) based on 9 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Edison International (NYSE:EIX): stock was range-bound between the intraday low of $72.98 and the intraday high of $74.18 after having opened at $73.95 on Wednesdays session. The stock finally closed in the red at $73.95, a loss of -0.08%. The stock remained in the red for the whole trading day. The total traded volume was 1,289,632 shares. The stock failed to cross $74.18 in Wednesdays trading. The stocks closing price on Thursday was $74.24.

Edison International is the parent holding company of Southern California Edison Company (SCE) and subsidiaries. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. Edison International is also the parent company of subsidiaries that are engaged in businesses related to the generation or use of electricity. Edison Internationals other subsidiaries include Edison Mission Group Inc. and SoCore Energy LLC. Edison Mission Group Inc. is a wholly owned subsidiary of Edison International and the parent company of Edison Mission Energy and Edison Capital. SoCore Energy LLC, a subsidiary engaged in distributed generation, has constructed 26 Megawatt of rooftop solar systems in nine states selling power back to commercial customers under power purchase agreements.

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