Shares of Spectra Energy Corp (SE) Sees Large Inflow of Net Money Flow

Spectra Energy Corp (SE) : On Monday, The money flowed into the Spectra Energy Corp (SE) stock with an uptick to downtick ratio was recorded at 1.29. Transactions worth $26.45 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $20.56 million. The total money flow into the stock was $5.89 million. The block trades reveal a bullish bias with an up-down ratio of 4.36. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $7.9 million of block transactions on upticks. The value of block trades on downticks was $1.81 million, indicating lower selling interest. The total money flow in block trades was $6.09 million. In terms of price action, Spectra Energy Corp (SE) traded down $0.31 during the session at $36.74. Compared to the previous days closing, the stock was down only by -0.84%. For the week, the stock is 1.05%, over previous weeks closing.


Spectra Energy Corp. is up 23.37% in the last 3-month period. Year-to-Date the stock performance stands at 57.66%. Shares of Spectra Energy Corp. rose by 0.49% in the last five trading days and 9.09% for the last 4 weeks. In a related news, Buckley Guy G., officer (Chief Development Officer) of Spectra Energy Corp., unloaded 21,100 shares at an average price of $29.41 on March 2, 2016. The total amount of the transaction was worth $620,551, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Spectra Energy Corp (NYSE:SE): On Mondays trading session , Opening price of the stock was $36.81 with an intraday high of $36.84. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.55. However, the stock managed to close at $36.74, a loss of 0.84% for the day. On the previous day, the stock had closed at $37.05. The total traded volume of the day was 4,427,857 shares.

Spectra Energy Corp is a natural gas infrastructure company. The Company owns and operates natural gas-related energy assets and a crude oil pipeline system connecting Canadian and the United States producers to refineries in the United States Rocky Mountain and Midwest regions. It operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. It conducts its business in four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. It provides transmission and storage of natural gas to customers in various regions of the northeastern and southeastern United States, the Maritime Provinces in Canada, the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. It also provides natural gas sales and distribution services to retail customers in Ontario, and natural gas gathering and processing services to customers in western Canada.

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