Shares of Duke Energy Corporation (DUK) Sees Large Inflow of Net Money Flow

Duke Energy Corporation (DUK) : The money flow analysis of Duke Energy Corporation (DUK) indicates a $26.57 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $39.99 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.5 and so was the total money flow at $13.41 million. The bulls lapped up $14.8 million worth of block trades on upticks. The money flow was $14.8 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Duke Energy Corporation (DUK), pushing it down by -0.41% for the day. The stock slid $0.33 and traded at $81.1 during the day. Nonetheless, the stock is -1.72% over the previous weeks close.


Duke Energy Corporation has dropped 0.98% in the last five trading days, however, the shares have posted positive gains of 0.82% in the last 4 weeks. Duke Energy Corporation has dropped 2.64% during the last 3-month period . Year-to-Date the stock performance stands at 17.19%.

Duke Energy Corporation (DUK) : 2 brokerage houses believe that Duke Energy Corporation (DUK) is a Strong Buy at current levels. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Duke Energy Corporation (DUK). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.71.

Duke Energy Corporation (NYSE:DUK): stock was range-bound between the intraday low of $80.44 and the intraday high of $81.73 after having opened at $81.73 on Wednesdays session. The stock finally closed in the red at $81.73, a loss of -0.41%. The stock remained in the red for the whole trading day. The total traded volume was 1,998,505 shares. The stock failed to cross $81.73 in Wednesdays trading. The stocks closing price on Thursday was $81.43.

Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.

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