Large Outflow of Money Witnessed in General Electric Company

General Electric Company (GE) : The total money flow in General Electric Company (GE) was negative ($16.82 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $92.74 million. Transactions on upticks were comparatively lower at $75.92 million. The uptick to downtick ratio was 0.82. The total block trades done on upticks were valued at $4.69 million. The total block trades on downticks were valued at $22.52 million. The uptick to the downtick ratio of block trades was 0.21. The money flow during block trades was negative ($17.83 million) when the stock traded with a gain of $1 cent. General Electric Company (GE) was $32.89, an increase of 0.02% over the previous days close.


General Electric Company is up 6.76% in the last 3-month period. Year-to-Date the stock performance stands at 7.3%. Shares of General Electric Company rose by 2.17% in the last five trading days and 7.41% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of General Electric Co, Immelt Jeffrey R had purchased shares worth of $2,000,284 in a transaction dated on May 20, 2016. A total of 67,600 shares were purchased at a price of $29.59 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

General Electric Company (NYSE:GE): stock turned positive on Monday. Though the stock opened at $32.89, the bulls momentum made the stock top out at $32.94 level for the day. The stock recorded a low of $32.66 and closed the trading day at $32.91, in the green by 0.09%. The total traded volume for the day was 38,265,114. The stock had closed at $32.88 in the previous days trading.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

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