Shares of CenterPoint Energy (CNP) Sees Large Inflow of Net Money Flow

CenterPoint Energy (CNP) stock had a bullish inflow of $36.55 million worth of trades on uptick and an outflow of $10.59 million in downticks on Monday. The total uptick to downtick ratio stood at 3.45. The net money flow into the stock was $25.96 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $27.81 million. An inflow of $3.81 million block trade was recorded on downticks. $31.62 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 8.3 in favor of the bulls. However, CenterPoint Energy (CNP) stock traded down $0.11 , and reached $23.95, a drop of -0.46% over the previous day. On a weekly basis, the stock is 0.21%, over the previous weeks close.


CenterPoint Energy, Inc. is up 15.29% in the last 3-month period. Year-to-Date the stock performance stands at 33.86%. Shares of CenterPoint Energy, Inc. rose by 0.59% in the last five trading days and 3.95% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Mcgoldrick Joseph B, officer (Exec VP – Div Pres) of Centerpoint Energy Inc, had unloaded 9,000 shares at an average price of $22.23 in a transaction dated on May 13, 2016. The total value of the transaction was worth $200,070.

CenterPoint Energy (NYSE:CNP): On Mondays trading session , Opening price of the stock was $24.09 with an intraday high of $24.139. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.87. However, the stock managed to close at $23.95, a loss of 0.46% for the day. On the previous day, the stock had closed at $24.06. The total traded volume of the day was 3,871,762 shares.

CenterPoint Energy, Inc. is a public utility holding company. The companys segments include: Electric Transmission & Distribution, Natural Gas Distribution, Energy Services, Midstream Investments and Other Operations. Electric Transmission & Distribution provides electric transmission and distribution services to retail electric providers. Natural Gas Distribution offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial, industrial and institutional customers. Energy Services includes non-rate regulated gas sales and services operations. Midstream Investments segment includes equity earnings associated with the operations of Enable Midstream Partners, LP and a 0.1% interest in Southeast Supply Header, LLC owned by CenterPoint Energy Resources Corp. Other Operations includes office buildings and other real estate used in its business operations and other corporate operations which support all of its business operations.

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