Large Outflow of Money Witnessed in OGE Energy Corporation

OGE Energy Corporation (NYSE:OGE) During the most recent session, the shares traded at 0.03 points or 0.1% higher at $30.96. The money flow data is unimpressive with the net money flow value of $(-8.12) million. As per the intraday data, the upticks measured $2.1 million and the downticks measured $10.22 million. As a result, the up/down ratio registered a value of 0.21. The shares have seen 0.06% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $8.1 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-8.1) million.

Shares of OGE Energy Corp. rose by 0.26% in the last five trading days and 3.92% for the last 4 weeks. OGE Energy Corp. is up 11.24% in the last 3-month period. Year-to-Date the stock performance stands at 20.42%.

Currently the company Insiders own 0.75% of OGE Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -31.46% . Institutional Investors own 64.08% of OGE Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -31.46%. . On the companys insider trading activities,The officer (Controller and CAO) of Oge Energy Corp., Forbes H Scott sold 10,000 shares at $30.51 on May 10, 2016. The Insider selling transaction had a total value worth of $305,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

OGE Energy Corporation (NYSE:OGE) rose 0.29% or 0.09 points on Friday and made its way into the gainers of the day. After trading began at $30.85 the stock was seen hitting $31.04 as a peak level and $30.69 as the lowest level. The stock ended up at $31.02. The daily volume was measured at 1,294,362 shares. The 52-week high of the share price is $31.57 and the 52-week low is $23.37. The company has a market cap of $6,195 million.

OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas in the south central United States. The Company operates through two business segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E), a wholly owned subsidiary of the Company and an electric utility-based in Oklahoma with its franchised service territory at the Fort Smith, Arkansas area. The natural gas midstream operations segment through its investment in Enable Midstream Partners, LP (Enable), through its wholly owned subsidiary OGE Holdings, which is engaged in the business of gathering, processing, transporting and storing natural gas.

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