Shares of Hawaiian Electric Industries (HE) Sees Large Inflow of Net Money Flow

Hawaiian Electric Industries (HE) stock had a bullish inflow of $17.83 million worth of trades on uptick and an outflow of $13.84 million in downticks on Monday. The total uptick to downtick ratio stood at 1.29. The net money flow into the stock was $3.99 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 $1.08 million. An inflow of $0.38 million block trade was recorded on downticks. $1.46 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 3.86 in favor of the bulls. However, Hawaiian Electric Industries (HE) stock traded down $2.41 , and reached $30.07, a drop of -7.42% over the previous day. On a weekly basis, the stock is -7.02%, over the previous weeks close.


Hawaiian Electric Industries Inc. has dropped 7.27% during the last 3-month period . Year-to-Date the stock performance stands at 6.09%. Hawaiian Electric Industries Inc. has lost 7.16% in the last five trading days and dropped 10.89% in the last 4 weeks. In a related news, Fowler Peggy Y, director of Hawaiian Electric Industries Inc, executed a transaction worth $8,134 on December 30, 2014. A total of 237 shares were purchased at an average price of $34.32. 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.

Hawaiian Electric Industries (NYSE:HE): On Mondays trading session , Opening price of the stock was $30.97 with an intraday high of $31.16. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.05. However, the stock managed to close at $30.1, a loss of 7.33% for the day. On the previous day, the stock had closed at $32.48. The total traded volume of the day was 2,934,895 shares.

Hawaiian Electric Industries, Inc. (HEI) is a holding company with its principal subsidiaries engaged in electric utility and banking businesses operating primarily in the State of Hawaii. The Company operates through two segments: Electric utility and Bank. The Company operates its electric utility business through Hawaiian Electric Company, Inc. (Hawaiian Electric) and its wholly owned subsidiaries, Hawaii Electric Light Company, Inc. (Hawaii Electric Light) and Maui Electric Company, Limited (Maui Electric). The Electric utility segment is involved in the business of generating, purchasing, transmitting, distributing and selling electric energy on all principal islands in Hawaii other than Kauai and operates on five separate grids. The Company operates its Bank segment through its bank subsidiaries, ASB Hawaii, Inc. (ASB Hawaii) and American Savings Bank, F.S.B. (ASB). ASB provides a range of banking and other financial services to consumers and businesses.

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