Shares of Kinder Morgan (KMI) Sees Large Outflow of Money

Kinder Morgan (KMI) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($7.57 million) and the uptick to downtick ratio was 0.8. The transaction value on upticks was $29.58 million and on downticks, the transaction value was $37.14 million. In block trades, the transaction value of inflow done during uptick was $3.81 million. The transaction value of block trades during downticks was $8.6 million. The uptick to downtick block trade ratio was 0.44. The money flow was negative ($4.79 million), indicating the traders were booking profit on the price strength. Kinder Morgan (KMI) rose $0.11 at $18.4, during intraday Thursday , a rise of 0.6% over the previous days close.


Kinder Morgan (KMI) : Currently there are 14 street experts covering Kinder Morgan (KMI) stock. The most bullish and bearish price target for the stock is $24 and $17 respectively for the short term. The average price target of all the analysts comes to $19.71. The estimated standard deviation from the target is $1.86. The stock has recorded a 20-day Moving Average of 1.71% and the 50-Day Moving Average is 3.5%.

Kinder Morgan (NYSE:KMI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.41 and $18.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.40, notching a gain of 0.60% for the day. The total traded volume was 12,946,882 . The stock had closed at $18.29 on the previous day.

Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system.

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