Large Outflow of Money Witnessed in EQT Corporation

EQT Corporation (EQT) : The total money flow in EQT Corporation (EQT) was negative ($23.31 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $70.28 million. Transactions on upticks were comparatively lower at $46.97 million. The uptick to downtick ratio was 0.67. The total block trades done on upticks were valued at $2.45 million. The total block trades on downticks were valued at $25.29 million. The uptick to the downtick ratio of block trades was 0.1. The money flow during block trades was negative ($22.84 million) when the stock traded with a gain of $164 cent. EQT Corporation (EQT) was $70.28, an increase of 2.39% over the previous days close.


EQT Corporation has lost 5.23% in the last five trading days and dropped 3.21% in the last 4 weeks. EQT Corporation has dropped 8.64% during the last 3-month period . Year-to-Date the stock performance stands at 35%.

EQT Corporation (EQT) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

EQT Corporation (NYSE:EQT): The stock opened at $69.11 and touched an intraday high of $71.39 on Wednesday. During the day, the stock corrected to an intraday low of $68.26, however, the bulls stepped in and pushed the price higher to close in the green at $70.28 with a gain of 2.39% for the day. The total traded volume for the day was 3,700,825. The stock had closed at $68.64 in the previous trading session.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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