Large Outflow of Money Witnessed in EQT Corporation

Shares of EQT Corporation (NYSE:EQT) advanced to $76.82. The price had gained 2.7% or 2.02 points intraday. The latest trading session witnessed $22.43 million in upticks and $28.72 million in downticks, resulting in net money flow of (-6.29) million. The up/down ratio for the day stood at 0.78. On a weekly scale, the price has seen a change of 1.73%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-7.78) million occurred during the day. $0 million in uptick and $7.78 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.

Shares of EQT Corporation rose by 2% in the last five trading days and 9.57% for the last 4 weeks. EQT Corporation is up 17.21% in the last 3-month period. Year-to-Date the stock performance stands at 47.89%.

Currently the company Insiders own 1.1% of EQT Corporation shares according to the proxy statements. Institutional Investors own 80.72% of EQT Corporation shares. . On the companys insider trading activities, Cary A. Bray Jr., director of Eqt Corp, executed a transaction worth $24,012 on April 1, 2016. A total of 357 shares were purchased at an average price of $67.26. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

EQT Corporation (NYSE:EQT) rose 2.97% or 2.22 points on Friday and made its way into the gainers of the day. After trading began at $75.36 the stock was seen hitting $77.29 as a peak level and $75.3 as the lowest level. The stock ended up at $77.02. The daily volume was measured at 2,693,808 shares. The 52-week high of the share price is $85.98 and the 52-week low is $47.1. The company has a market cap of $13,304 million.

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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