Large Outflow of Money Witnessed in MDU Resources Group

MDU Resources Group (NYSE:MDU) managed to eke out gains of 0.61% in intraday trade. The share price increased by 0.14 points to $23.13. Till last observation, the net money flow was recorded at a negative $(-5.98) million. The total inflow of $1.52 million in upticks was completely overshadowed by an outflow of $7.5 million in downticks, giving the up/down ratio a value of 0.2. The shares have seen a change of 0.04% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $0 million and the composite value in downticks was $5.67 million. The resultant up/down ratio for the block exchange was 0. The block trade had a negative money flow of $(-5.67) million.

Shares of MDU Resources Group Inc. rose by 0.52% in the last five trading days and 10.06% for the last 4 weeks. MDU Resources Group Inc. is up 23.19% in the last 3-month period. Year-to-Date the stock performance stands at 29.18%.

Currently the company Insiders own 1.1% of MDU Resources Group shares according to the proxy statements. Institutional Investors own 63.25% of MDU Resources Group shares. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Mdu Resources Group Inc, Schwartz Doran N, had purchased 1,500 shares in a transaction dated on February 26, 2015. The transaction was executed at $22.74 per share with total amount equaling $34,110.

MDU Resources Group (NYSE:MDU) rose 1.09% or 0.25 points on Friday and made its way into the gainers of the day. After trading began at $22.96 the stock was seen hitting $23.24 as a peak level and $22.95 as the lowest level. The stock ended up at $23.24. The daily volume was measured at 1,451,590 shares. The 52-week high of the share price is $23.65 and the 52-week low is $15.575. The company has a market cap of $4,539 million.

MDU Resources Group, Inc. is a natural resource company. The Companys segments include electric, natural gas distribution, pipeline and energy services, exploration and production, construction materials and contracting and construction services. The electric segment provides electric service at retail. The natural gas distribution segment sells natural gas at retail. The pipeline and energy services segment through WBI Holdings, Inc. owns and operates both regulated and nonregulated businesses. The exploration and production segment is involved in the development and production of oil and natural gas resources. The construction materials and contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials. The construction services segment is engaged in constructing and maintaining electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization equipment.

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