Shares of EQT Corporation (EQT) Sees Large Inflow of Net Money Flow

EQT Corporation (EQT): $3.3 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.25. The value of trades done on upticks was $16.5 million, whereas, trades done on downticks were valued at $13.2 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.45 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.45 million. EQT Corporation (EQT) fell $0.07 traded at $68.57, a change of -0.1% over the previous day. The stock is -6.91% for the week.

EQT

EQT Corporation has lost 5.23% in the last five trading days and dropped 3.21% in the last 4 weeks. EQT Corporation has dropped 8.64% during the last 3-month period . Year-to-Date the stock performance stands at 35%.

EQT Corporation (EQT) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 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.

EQT Corporation (NYSE:EQT): The stock opened at $69.11 and touched an intraday high of $71.39 on Wednesday. During the day, the stock corrected to an intraday low of $68.26, however, the bulls stepped in and pushed the price higher to close in the green at $70.28 with a gain of 2.39% for the day. The total traded volume for the day was 3,700,825. The stock had closed at $68.64 in the previous trading session.

EQT Corporation (EQT) is an energy company. The Company operates in two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with approximately 10.7 trillion cubic feet equivalent (Tcfe) of proved natural gas, natural gas liquids (NGLs) and crude oil reserves across approximately 3.4 million acres, including around 630,000 gross acres in the Marcellus play. Its proved reserves include Lower Huron, Cleveland, Berea sandstone and other Devonian age formations. EQT Midstream assets are located in the Marcellus Shale region, spanning an area of southwestern Pennsylvania and northern West Virginia. EQT Midstream provides gathering, transmission and storage services for its produced gas and for the independent third parties across the Appalachian Basin.

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