Southern Company (The) (SO) : Investors lapped up stocks on upticks to the tune of $41.39 million in the Mondays trading session. The trading value on downticks was comparatively at $26.3 million and the uptick to downtick ratio of 1.57 indicates continuous buying by the bulls. The net money flow into the stock was $15.09 million. Upticks saw transactions worth $15.06 clearly indicating buying by large investors. The total money flow for block trades stood at $15.06 million, which is a positive for the stock in the long-term. Southern Company (The) (SO) fell $0.01 during the day at $53.62, a drop of -0.02% over the previous days close. However, for the week, the stock is -0.96%, compared to the previous week.
Southern Company is up 6.51% in the last 3-month period. Year-to-Date the stock performance stands at 17.18%. Southern Company has dropped 0.32% in the last five trading days, however, the shares have posted positive gains of 5.01% in the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Greene Kimberly S,, officer (EVP & COO, Southern Co.) of Southern Co, had unloaded 141,818 shares at an average price of $54 in a transaction dated on July 5, 2016. The total value of the transaction was worth $7,658,172.
Southern Company (The) (NYSE:SO): On Mondays trading session , Opening price of the stock was $53.65 with an intraday high of $53.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $53.56. However, the stock managed to close at $53.62, a loss of 0.02% for the day. On the previous day, the stock had closed at $53.63. The total traded volume of the day was 3,561,926 shares.
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.