Shares of CenterPoint Energy, Inc. (CNP) Sees Large Inflow of Net Money Flow

The shares of CenterPoint Energy, Inc. (CNP) traded with a loss of -0.28 points or -1.07% in the most recent session. The shares last traded at $25.93. As per the trading info, the shares saw $20.69 million in upticks and lost $10.73 million in downticks, resulting in a net money flow of $9.96 million. The up/down ratio for the day was measured at 1.93. For the week, the shares had posted -0.5%.From the block trade data available, the total upticks were valued at $12.2 million and the total downticks were valued at $0.6 million, thereby putting the up/down ratio at 20.22. The net money flow for the block transaction was $11.6 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

CenterPoint Energy, Inc. has dropped 0.08% in the last five trading days, however, the shares have posted positive gains of 5.24% in the last 4 weeks. CenterPoint Energy, Inc. is up 15.02% in the last 3-month period. Year-to-Date the stock performance stands at 5.24%. CenterPoint Energy, Inc. (NYSE:CNP) witnessed a decline in the market cap on Wednesday as its shares dropped 1.07% or 0.28 points. After the session commenced at $26.09, the stock reached the higher end at $26.25 while it hit a low of $25.79. With the volume soaring to 3,624,948 shares, the last trade was called at $25.93. The company has a 52-week high of $26.25. The company has a market cap of $11,168 million and there are 430,682,420 shares in outstanding. The 52-week low of the share price is $17.52.

Company has reported several Insider transactions to the SEC, on Nov 10, 2016, Joseph B Mcgoldrick (Exec VP – Div Pres) sold 17,236 shares at 23.83 per share price.On Nov 18, 2015, Janiece M Longoria (director) sold 3,000 shares at 17.03 per share price.On Jun 2, 2015, Tracy B Bridge (Exec VP – Div Pres) purchased 10,000 shares at 19.80 per share price.

CenterPoint Energy Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.36. The company had revenue of $1889.00 million for the quarter, compared to analysts expectations of $1839.50 million. The companys revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CenterPoint Energy was Downgraded by Credit Suisse to Underperform on Nov 8, 2016.

CenterPoint Energy is a domestic energy delivery company that includes electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations. They serve customers in Arkansas, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Oklahoma, Texas, and Wisconsin.


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