Shares of General Electric Company (NYSE:GE) Sees Large Inflow of Net Money Flow

General Electric Company (NYSE:GE) dropped -0.05% or -0.02 points to trade at $30.62 per share. As per the latest trading data available, the net money flow stood at $171.9 million as the shares received $219.5 million in upticks and gave away $47.59 million in downticks. The final up/down ratio was at 4.61. On a weekly basis, the stock has seen a change of 1.94%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 45.25. $177.96 million was the inflow in upticks and $3.93 million was the outflow in downticks. For the block trade, the net money flow was $174.02 million.

Shares of General Electric Company rose by 1.86% in the last five trading days and 3.34% for the last 4 weeks. General Electric Company has dropped 1.03% during the last 3-month period . Year-to-Date the stock performance stands at -0.98%.

Currently the company Insiders own 0.23% of General Electric Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 3.16% . Institutional Investors own 56.58% of General Electric Company shares. During last six month period, the net percent change held by insiders has seen a change of 2.42%. . On the companys insider trading activities, Immelt Jeffrey R, CEO of General Electric Co, executed a transaction worth $2,000,284 on May 20, 2016. A total of 67,600 shares were purchased at an average price of $29.59. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

General Electric Company (NYSE:GE) witnessed a decline in the market cap on Friday as its shares dropped 0.13% or 0.04 points. After the session commenced at $30.65, the stock reached the higher end at $30.72 while it hit a low of $30.45. With the volume soaring to 55,635,867 shares, the last trade was called at $30.6. The company has a 52-week high of $32.05. The company has a market cap of $281,387 million and there are 9,195,657,000 shares in outstanding. The 52-week low of the share price is $19.37.

General Electric Company (GE) is a diversified infrastructure and financial services company. The products and services of the Company range from aircraft engines, power generation, oil and gas production equipment, and household appliances to medical imaging, business and consumer financing and industrial products. The Company operates its segments through its eight businesses, -based on the markets they serve: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances, and Lighting and GE Capital. GE Capital operates the following businesses: Commercial Lending and Leasing, Consumer, Real Estate, Energy Financial Services and GE Capital Aviation Services. The Company operates in approximately 175 countries.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.