Entergy Corporation (ETR): The stock had negative money flow to the tune of ($6.12 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $7.74 million, whereas, the outflow of money on downticks was $13.87 million and the ratio between the two was 0.56. The block trade had a negative net money flow of ($5.82 million). On the other hand, downticks amounted to $5.82 million of the traded value, which shows distribution in the stock by traders. Entergy Corporation (ETR) closed with marginal gains of 10 cents to end the day at $80.38, an increase of 0.12% over the previous days close. The stock recorded -0.62% for the week.
Entergy Corporation is up 6.6% in the last 3-month period. Year-to-Date the stock performance stands at 20.34%. Entergy Corporation has dropped 0.78% in the last five trading days, however, the shares have posted positive gains of 2.46% in the last 4 weeks. In a related news,The director of Entergy Corp /De/, Herman Alexis M sold 1,091 shares at $76.24 on May 16, 2016. The Insider selling transaction had a total value worth of $83,178. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Entergy Corporation (NYSE:ETR): stock turned positive on Monday. Though the stock opened at $80.15, the bulls momentum made the stock top out at $80.66 level for the day. The stock recorded a low of $80.15 and closed the trading day at $80.38, in the green by 0.12%. The total traded volume for the day was 616,108. The stock had closed at $80.28 in the previous days trading.
Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.