Large Inflow of Money Witnessed in PPL Corporation

PPL Corporation (PPL) : On Thursday, The money flowed into the PPL Corporation (PPL) stock with an uptick to downtick ratio was recorded at 1.38. Transactions worth $7.84 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $5.66 million. The total money flow into the stock was $2.17 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $2.11 million of block transactions on upticks. The total money flow in block trades was $2.11 million. In terms of price action, PPL Corporation (PPL) traded down $0.14 during the session at $37.16. Compared to the previous days closing, the stock was down only by -0.38%. For the week, the stock is -1.17%, over previous weeks closing.


PPL Corporation (PPL) : 8 investment research analysts covering PPL Corporation (PPL) have an average price target of $39.63 for the near short term. The highest target price given by the Brokerage Firm to the stock is $42 and the lowest target is $34 for the short term. Analysts expect the variance to be within $2.67 of the average price. The stock has recorded a 20-day Moving Average of 3.71% and the 50-Day Moving Average is 2.94%.

PPL Corporation (NYSE:PPL): The stock opened at $37.33 on Thursday but the bulls could not build on the opening and the stock topped out at $37.42 for the day. The stock traded down to $36.92 during the day, due to lack of any buying support eventually closed down at $36.97 with a loss of -0.88% for the day. The stock had closed at $37.30 on the previous day. The total traded volume was 5,092,397 shares.

PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.

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