Large Inflow of Money Detected in Semgroup Corporation

Semgroup Corporation (SEMG) stock had a bullish inflow of $2.88 million worth of trades on uptick and an outflow of $1.32 million in downticks on Thursday. The total uptick to downtick ratio stood at 2.18. The net money flow into the stock was $1.56 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.38 million. $1.38 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Semgroup Corporation (SEMG) stock traded down $0.02 , and reached $32.72, a drop of -0.06% over the previous day. On a weekly basis, the stock is -0.09%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 5.5% and the 50-Day Moving Average is 7.97%. Shares have dropped -59.27% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $80.92 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $31.49 and the 200 Day Moving Average price is recorded at $25.37.

Semgroup Corporation (NYSE:SEMG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.10 and $32.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.39, notching a gain of 1.99% for the day. The total traded volume was 568,848 . The stock had closed at $32.74 on the previous day.

In an insider trading activity, Barpoulis Sarah Morrison, director of Semgroup Corp, unloaded 590 shares at an average price of $77.81 on June 10, 2015. The total amount of the transaction was worth $45,908, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services primarily to independent producers, refiners of petroleum products and other market participants located in the Midwest and Rocky Mountain regions of the United States and Canada. The Company also maintains and operates storage, terminal and marine facilities at Milford Haven in the United Kingdom that enable customers to supply petroleum products to markets in the Atlantic Basin. It also operates a network of liquid asphalt cement terminals throughout Mexico. The Company conducts its operations through six segments: Crude, SemStream, SemLogistics, SemCAMS, SemMexico and SemGas.

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