Large Inflow of Money Witnessed in NiSource Inc

NiSource Inc (NI) : $5.5 million worth of transactions were on upticks in NiSource Inc (NI), compared to $3.21 million on downticks. The ratio between the two was 1.71, whereas, the net money flow stood at a healthy $2.29 million on Thursdays session. The consistent buying on upticks in the stock accounted for $2.29million worth of trades. The total money flow into the stock stood at $2.29 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.65%. The stock was trading at $26.21, with a drop of $0.44 over the previous days close. The stock recorded -1.69% for the week.


NiSource Inc (NI) : The most positive equity analysts on NiSource Inc (NI) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $22 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $23.1 with an expected fluctuation of $1.14 from the mean. The stock has recorded a 20-day Moving Average of 2.1% and the 50-Day Moving Average is 6.76%.

NiSource Inc (NYSE:NI): The stock opened at $26.61 on Thursday but the bulls could not build on the opening and the stock topped out at $26.61 for the day. The stock traded down to $26.02 during the day, due to lack of any buying support eventually closed down at $26.04 with a loss of -2.29% for the day. The stock had closed at $26.65 on the previous day. The total traded volume was 2,915,158 shares.

NiSource Inc. (NiSource) is an energy holding company. The Company, through its subsidiaries provides natural gas, electricity and other products and services. It is also engaged in the distribution of natural gas. The Companys business segments include: Gas Distribution Operations, which provides natural gas service and transportation services for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts; Columbia Pipeline Group Operations, which provides gas transportation and storage services for local distribution companies (LDCs), marketers and industrial and commercial customers located in 16 northeastern, mid-Atlantic, Midwestern and southern states and the District of Columbia along with unregulated businesses that include midstream services and development of mineral rights positions, and Electric Operations, which provides electric services in approximately 20 counties in the northern part of Indiana.

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