Large Outflow of Money Witnessed in PPL Corporation

PPL Corporation (PPL): The stock had negative money flow to the tune of ($1.93 million) on Wednesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.15 million, whereas, the outflow of money on downticks was $3.09 million and the ratio between the two was 0.37. The block trade had a negative net money flow of ($1.93 million). On the other hand, downticks amounted to $1.93 million of the traded value, which shows distribution in the stock by traders. PPL Corporation (PPL) closed with marginal gains of 1 cents to end the day at $35.25, an increase of 0.01% over the previous days close. The stock recorded -1.27% for the week.


PPL Corporation has dropped 0.96% in the last five trading days, however, the shares have posted positive gains of 1.46% in the last 4 weeks. PPL Corporation has dropped 4.21% during the last 3-month period . Year-to-Date the stock performance stands at 6.13%.

PPL Corporation (PPL) has an average broker rating of 2.6, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

PPL Corporation (NYSE:PPL): stock was range-bound between the intraday low of $34.82 and the intraday high of $35.48 after having opened at $35.38 on Wednesdays session. The stock finally closed in the red at $35.38, a loss of -0.37%. The stock remained in the red for the whole trading day. The total traded volume was 4,123,336 shares. The stock failed to cross $35.48 in Wednesdays trading. The stocks closing price on Thursday was $35.24.

PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.

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