Large Inflow of Money Witnessed in Pacific Gas & Electric Co.

Pacific Gas & Electric Co. (PCG) : The money flow analysis of Pacific Gas & Electric Co. (PCG) indicates a $31.9 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $48.15 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.51 and so was the total money flow at $16.25 million. A solid up-down ratio of 17.83 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $13.67 million worth of block trades on upticks. Only $0.77 million worth of the stock exchanged hands on downticks. The money flow was $12.9 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 Pacific Gas & Electric Co. (PCG), pushing it down by -1.51% for the day. The stock slid $0.99 and traded at $64.4 during the day. Nonetheless, the stock is 0.58% over the previous weeks close.


Pacific Gas & Electric Co. (PCG) : The most positive equity analysts on Pacific Gas & Electric Co. (PCG) expects the shares to touch $67, whereas, the least positive believes that the stock will trade at $58 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $64.21 with an expected fluctuation of $3.29 from the mean. The stock has recorded a 20-day Moving Average of 2.74% and the 50-Day Moving Average is 7%.

Pacific Gas & Electric Co. (NYSE:PCG): The stock opened at $65.10 on Thursday but the bulls could not build on the opening and the stock topped out at $65.33 for the day. The stock traded down to $64.16 during the day, due to lack of any buying support eventually closed down at $64.40 with a loss of -1.51% for the day. The stock had closed at $65.39 on the previous day. The total traded volume was 4,517,275 shares.

PG&E Corporation is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utilitys operations include electric utility operations and natural gas utility operations. It operates in northern and central California. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides natural gas transportation services to customers, which include small commercial and residential customers, and to non-core customers, which include industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utilitys gas system in its service territory.

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