Large Inflow of Money Witnessed in Duke Energy Corporation

Duke Energy Corporation (DUK) : On Thursday, The money flowed into the Duke Energy Corporation (DUK) stock with an uptick to downtick ratio was recorded at 1.39. Transactions worth $76.13 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $54.81 million. The total money flow into the stock was $21.33 million. The block trades reveal a bullish bias with an up-down ratio of 10.05. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $25.24 million of block transactions on upticks. The value of block trades on downticks was $2.51 million, indicating lower selling interest. The total money flow in block trades was $22.73 million. In terms of price action, Duke Energy Corporation (DUK) traded down $1.94 during the session at $85.29. Compared to the previous days closing, the stock was down only by -2.22%. For the week, the stock is -0.4%, over previous weeks closing.


Duke Energy Corporation (DUK) : 10 investment research analysts covering Duke Energy Corporation (DUK) have an average price target of $79.3 for the near short term. The highest target price given by the Brokerage Firm to the stock is $87 and the lowest target is $74 for the short term. Analysts expect the variance to be within $3.97 of the average price. The stock has recorded a 20-day Moving Average of 2.63% and the 50-Day Moving Average is 6.24%.

Duke Energy Corporation (NYSE:DUK): The stock opened at $86.79 on Thursday but the bulls could not build on the opening and the stock topped out at $87.02 for the day. The stock traded down to $84.94 during the day, due to lack of any buying support eventually closed down at $85.29 with a loss of -2.22% for the day. The stock had closed at $87.23 on the previous day. The total traded volume was 4,186,596 shares.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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