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 $54.83 million in the Wednesdays trading session. The trading value on downticks was comparatively at $37.53 million and the uptick to downtick ratio of 1.46 indicates continuous buying by the bulls. The net money flow into the stock was $17.3 million. The block trades were dominated by the bulls with a healthy 4.9, uptick to downtick ratio. Only $5.27 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $25.82 clearly indicating buying by large investors. The total money flow for block trades stood at $20.56 million, which is a positive for the stock in the long-term. Southern Company (The) (SO) fell $0.14 during the day at $52.7, a drop of -0.26% over the previous days close. However, for the week, the stock is -1.55%, compared to the previous week.


Southern Company has dropped 0.9% in the last five trading days, however, the shares have posted positive gains of 2.65% in the last 4 weeks. Southern Company is up 2% in the last 3-month period. Year-to-Date the stock performance stands at 16.4%.

Southern Company (The) (SO) has an average broker rating of 3.03, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Southern Company (The) (NYSE:SO): stock was range-bound between the intraday low of $52.51 and the intraday high of $53.02 after having opened at $52.95 on Wednesdays session. The stock finally closed in the red at $52.95, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 5,819,741 shares. The stock failed to cross $53.02 in Wednesdays trading. The stocks closing price on Thursday was $52.84.

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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