Large Outflow of Money Witnessed in Entergy Corporation

Entergy Corporation (NYSE:ETR) jumped 0.21 points or 0.27% on strong buying and was last priced at $78.66 per share. The shares saw huge fund flow intraday; a massive $9.73 million made their way in through the upticks but an even bigger $20.74 million made their way out through downticks. As per the last observation, the net money flow stood at $(-11.01) million and the up/down ratio was found to be 0.47. The shares have seen a weekly value change of 0.01% .A block trade was recorded in the company shares with a net money flow of $(-11.35) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $11.35. As can be seen from the data, the block transaction had the up/down ratio of 0.

Entergy Corporation is up 2.06% in the last 3-month period. Year-to-Date the stock performance stands at 17.75%.

Currently the company Insiders own 0.22% of Entergy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -47.07% . Institutional Investors own 88.09% of Entergy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -31.17%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Herman Alexis M, director of Entergy Corp /De/, had unloaded 1,091 shares at an average price of $76.24 in a transaction dated on May 16, 2016. The total value of the transaction was worth $83,178.

Entergy Corporation (NYSE:ETR) rose 0.25% or 0.2 points on Friday and made its way into the gainers of the day. After trading began at $78.25 the stock was seen hitting $78.78 as a peak level and $77.9 as the lowest level. The stock ended up at $78.65. The daily volume was measured at 1,558,696 shares. The 52-week high of the share price is $80.06 and the 52-week low is $61.27. The company has a market cap of $14,058 million.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *