Large Inflow of Money Detected in American Water Works

American Water Works (AWK) : American Water Works (AWK) had a healthy money flow of $9.7 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $26.02 million, whereas, investors only sold shares worth $16.32 million on downticks. The stock closed the day with an up-down ratio of 1.59.The money flow in the block trades to the tune of $10.4 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $10.4 million worth of transactions were on upticks. American Water Works (AWK) stock slid $0.27 intraday and traded at 81.73, a change of -0.33% over previous days close. However, for the week, the company shares are -1.96% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 0.71% and the 50-Day Moving Average is 5.66%. Shares have rallied 61.67% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $85.24 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $78.49 and the 200 Day Moving Average price is recorded at $70.16.

American Water Works (NYSE:AWK): The stock opened at $81.51 on Thursday but the bulls could not build on the opening and the stock topped out at $81.88 for the day. The stock traded down to $81.20 during the day, due to lack of any buying support eventually closed down at $81.73 with a loss of -0.33% for the day. The stock had closed at $82.00 on the previous day. The total traded volume was 1,173,955 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Degillio Deborah A, officer (VP and Treasurer) of American Water Works Company, Inc., had unloaded 1,866 shares at an average price of $74.3 in a transaction dated on May 17, 2016. The total value of the transaction was worth $138,644.

American Water Works Company, Inc. is a water and wastewater utility holding company. Through its subsidiaries, the Company provides drinking water, wastewater and other water related services to approximately 15 million people in approximately 47 states of the United States and one Canadian province. The Company has two operating segments: the Regulated Businesses and the Market-Based Operations. The Regulated Businesses segment owns subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers. The Market-Based Operations segment provides water and wastewater services to military bases, municipalities, industrial, commercial and residential customers that are not subject to economic regulation by state Public Utility Commissions (PUC). The Companys subsidiaries include Illinois-American Water Company (ILAWC), American Lake Water Company and West Virginia-American Water Company (WVAWC).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.