Shares of PPL Corporation (PPL) Drops by -0.83%

PPL Corporation (PPL) : During the past 4 weeks, traders have been relatively bearish on PPL Corporation (PPL), hence the stock is down -8.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.29% relative to the S&P 500. The 4-week change in the price of the stock is -4.84% and the stock has fallen -0.83% in the past 1 week. The stock has recorded a 20-day Moving Average of 1.96% and the 50-Day Moving Average is 2.55%.

PPL Corporation (NYSE:PPL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.15 and $36.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.15, notching a gain of 0.16% for the day. The total traded volume was 3,766,197 . The stock had closed at $37.09 on the previous day.


The company Insiders own 0.42% of PPL Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -54.36% . Institutional Investors own 71.56% of PPL Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -54.36%. In a related news,The officer (VP-IR and Treasurer) of Ppl Corp, Bergstein Joseph P Jr sold 1,581 shares at $37.06 on July 8, 2016. The Insider selling transaction had a total value worth of $58,592. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

PPL Corporation (PPL) is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy in the northeastern and northwestern parts of the United States. PPL operates in four segments: The U.K. Regulated Segment comprising PPL Global comprising WPD Ltds (WPD) regulated electricity distribution operations; Kentucky Regulated segment comprising the operations of LG&E and KU Energy LLC, which owns and operates regulated public utilities; the Pennsylvania Regulated segment comprising PPL Electric Utilities Corporations operations, and the Supply segment comprising the activities of PPL Energy Supply, LLCs subsidiaries.

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