Large Inflow of Money Detected in Rice Energy

Rice Energy (RICE) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $0.98 million worth of transactions were on upticks, whereas, the downticks accounted for $0.41 million worth of transactions. The net money flow was a positive $0.57 million and the uptick to downtick ratio was 2.37. The net money flow into the stock was $0.64 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.64 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Rice Energy (RICE) was trading at $22.21, down $0.05 during day. The stock slid -0.22% over the previous days close. For the week, the stock recorded -2.2% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 6.93%. Shares have rallied 7.70% from its 1 Year high price. On Jun 29, 2016, the shares registered one year high at $23.57 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $21.35 and the 200 Day Moving Average price is recorded at $14.86.

Rice Energy (NYSE:RICE): The stock opened at $22.50 on Thursday but the bulls could not build on the opening and the stock topped out at $22.52 for the day. The stock traded down to $21.74 during the day, due to lack of any buying support eventually closed down at $21.90 with a loss of -1.62% for the day. The stock had closed at $22.26 on the previous day. The total traded volume was 1,799,992 shares.

In an insider trading activity, The director 10% owner, of Rice Energy Inc., Rice Daniel had unloaded 5,000,000 shares at $7.75 per share in a transaction on December 21, 2015. The total value of transaction was $38,750,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company operates in two segments: Exploration and Production, and Midstream. Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of Rice Energy and third-parties. The Companys Exploration and Production segment operates in the core of the Marcellus, Utica Shales and Upper Devonian Shale. The Companys midstream assets consist of gathering systems and associated compression infrastructure at Washington County System, Greene County System and Belmont County System.

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