Large Outflow of Money Witnessed in PPL Corporation

PPL Corporation (PPL) traded higher in the last at $34.96, gaining 0.12 points or 0.34%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.87) million. The composite uptick value of $15.51 million was eclipsed by the accrued downtick value of $17.38 million, thereby ensuring the up/down ratio of 0.89. For the week, the shares have posted returns of 2.01%.A block trade registered during the day has revealed $0 million in upticks and $2.6 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-2.6) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of PPL Corporation rose by 1.25% in the last five trading days and 2.64% for the last 4 weeks. PPL Corporation is up 2.96% in the last 3-month period. Year-to-Date the stock performance stands at 2.64%. PPL Corporation (NYSE:PPL) rose 0.32% or 0.11 points on Wednesday and made its way into the gainers of the day. After trading began at $34.66 the stock was seen hitting $35.39 as a peak level and $34.58 as the lowest level. The stock ended up at $34.95. The daily volume was measured at 4,932,307 shares. The 52-week high of the share price is $39.92 and the 52-week low is $32.08. The company has a market cap of $23,753 million.

Company has reported several Insider transactions to the SEC, on Jan 25, 2017, William H Spence (Chairman, President and CEO) sold 67,533 shares at 34.57 per share price.On Jan 25, 2017, Paul W Thompson (President of a PPL Subsidiary) sold 6,521 shares at 34.36 per share price.On Jan 25, 2017, Joanne H Raphael (SVP, GC & Corp Sec) sold 5,734 shares at 34.36 per share price.

PPL Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $0.49. The company had revenue of $1832.00 million for the quarter, compared to analysts expectations of $2073.24 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PPL Corp was Downgraded by Goldman to Sell on Jan 17, 2017. PPL Corp was Downgraded by BofA/Merrill to Neutral on Nov 22, 2016.


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