Large Inflow of Money Witnessed in Rice Energy

Rice Energy (RICE) : Rice Energy (RICE) had a healthy money flow of $3.88 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $11.37 million, whereas, investors only sold shares worth $7.49 million on downticks. The stock closed the day with an up-down ratio of 1.52.The money flow in the block trades to the tune of $4.54 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $5.43 million worth of transactions were on upticks. A paltry $0.89 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 6.09. Rice Energy (RICE) stock slid $0.14 intraday and traded at 22.05, a change of -0.63% over previous days close. However, for the week, the company shares are -2.35% compared to previous weeks close.


Rice Energy (RICE) : The most positive equity analysts on Rice Energy (RICE) expects the shares to touch $30, whereas, the least positive believes that the stock will trade at $16 in the short term. The company is covered by 14 Wall Street Brokerage Firms. The average price target for shares are $22.07 with an expected fluctuation of $3.75 from the mean. The stock has recorded a 20-day Moving Average of 1.75% and the 50-Day Moving Average is 11.74%.

Rice Energy (NYSE:RICE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.50 and $21.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.30, notching a gain of 0.50% for the day. The total traded volume was 3,190,093 . The stock had closed at $22.19 on the previous day.

Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company operates in two segments: Exploration and Production, and Midstream. Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of Rice Energy and third-parties. The Companys Exploration and Production segment operates in the core of the Marcellus, Utica Shales and Upper Devonian Shale. The Companys midstream assets consist of gathering systems and associated compression infrastructure at Washington County System, Greene County System and Belmont County System.

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