Pacific Gas & Electric Co. (PCG) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (2.25 million) in Pacific Gas & Electric Co. (PCG). On Monday, The value of composite uptick trades was $19.13 million, whereas, the value of composite downtick trades was $21.38 million and the ratio between the two was 0.89, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $9.08 million. $5.43 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.6. The negative money flow of ($3.65 million) shows selling on strength. Pacific Gas & Electric Co. (PCG) gained $0.02 intraday at $64.64 and registrered 0.03% for the week.
PG&E Corporation is up 9.19% in the last 3-month period. Year-to-Date the stock performance stands at 23.21%. PG&E Corporation has dropped 0.32% in the last five trading days, however, the shares have posted positive gains of 3.3% in the last 4 weeks. In a related news,The officer (SVP, Finance) of Pg&E Corp, Harvey Kent M sold 17,920 shares at $56.24 on March 4, 2016. The Insider selling transaction had a total value worth of $1,007,821. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Pacific Gas & Electric Co. (NYSE:PCG): On Mondays trading session , Opening price of the stock was $64.71 with an intraday high of $65.025. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $64.51. However, the stock managed to close at $64.52, a loss of 0.15% for the day. On the previous day, the stock had closed at $64.62. The total traded volume of the day was 2,889,614 shares.
PG&E Corporation is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utilitys operations include electric utility operations and natural gas utility operations. It operates in northern and central California. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides natural gas transportation services to customers, which include small commercial and residential customers, and to non-core customers, which include industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utilitys gas system in its service territory.