Large Inflow of Money Detected in OGE Energy Corporation

OGE Energy Corporation (OGE) : The money flow analysis of OGE Energy Corporation (OGE) indicates a $0.04 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $0.28 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 7.95 and so was the total money flow at $0.25 million. The bulls lapped up $0.1 million worth of block trades on upticks. The money flow was $0.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of OGE Energy Corporation (OGE), pushing it down by -0.34% for the day. The stock slid $0.11 and traded at $31.99 during the day. Nonetheless, the stock is -0.84% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.76% and the 50-Day Moving Average is 4.15%. Shares have rallied 12.74% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $32.96 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $31.22 and the 200 Day Moving Average price is recorded at $28.33.

OGE Energy Corporation (NYSE:OGE): The stock opened at $31.50 on Thursday but the bulls could not build on the opening and the stock topped out at $32.14 for the day. The stock traded down to $31.50 during the day, due to lack of any buying support eventually closed down at $32.06 with a loss of -0.12% for the day. The stock had closed at $32.10 on the previous day. The total traded volume was 925,090 shares.

In an insider trading activity,The officer (Controller and CAO) of Oge Energy Corp., Forbes H Scott sold 10,000 shares at $30.51 on May 10, 2016. The Insider selling transaction had a total value worth of $305,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas in the south central United States. The Company operates through two business segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E), a wholly owned subsidiary of the Company and an electric utility-based in Oklahoma with its franchised service territory at the Fort Smith, Arkansas area. The natural gas midstream operations segment through its investment in Enable Midstream Partners, LP (Enable), through its wholly owned subsidiary OGE Holdings, which is engaged in the business of gathering, processing, transporting and storing natural gas.

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