Shares of Southern Company (The) (SO) Sees Large Inflow of Net Money Flow

Southern Company (The) (SO) : Investors lapped up stocks on upticks to the tune of $36.99 million in the Fridays trading session. The trading value on downticks was comparatively at $26.42 million and the uptick to downtick ratio of 1.4 indicates continuous buying by the bulls. The net money flow into the stock was $10.57 million. Upticks saw transactions worth $11.36 clearly indicating buying by large investors. The total money flow for block trades stood at $11.36 million, which is a positive for the stock in the long-term. Southern Company (The) (SO) fell $0.15 during the day at $51.18, a drop of -0.29% over the previous days close. However, for the week, the stock is 0.25%, compared to the previous week.


The company Insiders own 1% of Southern Company (The) shares according to the proxy statements. Institutional Investors own 48.83% of Southern Company (The) shares.

In a related news, The Securities and Exchange Commission has divulged that Womack Christopher C, officer (EVP & Pres. External Affairs) of Southern Co, had unloaded 46,008 shares at an average price of $53.4 in a transaction dated on August 2, 2016. The total value of the transaction was worth $2,456,827.

Southern Company (The) (NYSE:SO): The stock opened at $51.2 and touched an intraday high of $51.85 on Friday. During the day, the stock corrected to an intraday low of $51.15, however, the bulls stepped in and pushed the price higher to close in the green at $51.8 with a gain of 1.21% for the day. The total traded volume for the day was 3,869,329. The stock had closed at $51.18 in the previous trading session.

Southern Company (The) (SO) has been under a strong bear grip, hence the stock is down -1.47% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.96% in the past 1 week. The stock has risen by 1.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.6% in the past 4 weeks.

Southern Company is an operating public utility company. The primary business of the Southern Company is electricity sales by the traditional operating companies and Southern Power. Southern Companys business segments are the sale of electricity by the four traditional operating companies and Southern Power. The four traditional operating companies, including Alabama Power, Georgia Power, Gulf Power and Mississippi Power, are vertically integrated utilities providing electric service in four Southeastern states. Southern Company owns all of the common stock of Southern Power Company, which is also an operating public utility company. Southern Power constructs, acquires, owns, and manages generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Company also operates the All Other segment.

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