Great Plains Energy Inc (GXP) : Investors lapped up stocks on upticks to the tune of $69.88 million in the Wednesdays trading session. The trading value on downticks was comparatively at $47.74 million and the uptick to downtick ratio of 1.46 indicates continuous buying by the bulls. The net money flow into the stock was $22.13 million. The block trades were dominated by the bulls with a healthy 4.03, uptick to downtick ratio. Only $5.65 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $22.75 clearly indicating buying by large investors. The total money flow for block trades stood at $17.1 million, which is a positive for the stock in the long-term. Great Plains Energy Inc (GXP) fell $0.03 during the day at $27.13, a drop of -0.11% over the previous days close. However, for the week, the stock is -2.55%, compared to the previous week.
Shares of Great Plains Energy Incorporated rose by 1.64% in the last five trading days and 1.64% for the last 4 weeks. Great Plains Energy Incorporated has dropped 5.85% during the last 3-month period . Year-to-Date the stock performance stands at 4.73%.
Great Plains Energy Inc (GXP) : 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Great Plains Energy Inc (GXP). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 3.29.
Great Plains Energy Inc (NYSE:GXP): The stock opened at $26.88 and touched an intraday high of $27.98 on Wednesday. During the day, the stock corrected to an intraday low of $26.75, however, the bulls stepped in and pushed the price higher to close in the green at $27.84 with a gain of 2.50% for the day. The total traded volume for the day was 60,914,943. The stock had closed at $27.16 in the previous trading session.
Great Plains Energy Incorporated (Great Plains Energy) is a public utility holding company. The Company does not own or operate any assets other than the stock of its subsidiaries. The Companys wholly owned direct subsidiaries with operations include Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). KCP&L is an integrated, regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L has one active wholly owned subsidiary, Kansas City Power & Light Receivables Company (KCP&L Receivables Company). GMO is an integrated, regulated electric utility that provides electricity to customers in the state of Missouri. GMO also provides regulated steam service to certain customers in the St. Joseph, Missouri area. GMO has two active wholly owned subsidiaries, GMO Receivables Company and MPS Merchant Services, Inc. (MPS Merchant).