Shares of NiSource, Inc (NI) Sees Large Inflow of Net Money Flow

NiSource, Inc (NI) dropped -1.25% or -0.28 points to trade at $22.09 per share. As per the latest trading data available, the net money flow stood at $0.88 million as the shares received $1.24 million in upticks and gave away $0.36 million in downticks. The final up/down ratio was at 3.45. On a weekly basis, the stock has seen a change of 0.27%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $0.94 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $0.94 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

NiSource Inc. has lost 0.99% in the last five trading days and dropped 0.72% in the last 4 weeks. NiSource Inc. has dropped 5.5% during the last 3-month period . Year-to-Date the stock performance stands at -0.72%. NiSource, Inc (NYSE:NI) witnessed a decline in the market cap on Wednesday as its shares dropped 1.74% or 0.39 points. After the session commenced at $22.16, the stock reached the higher end at $22.215 while it hit a low of $21.9. With the volume soaring to 3,088,471 shares, the last trade was called at $21.98. The company has a 52-week high of $26.94. The company has a market cap of $7,094 million and there are 322,737,780 shares in outstanding. The 52-week low of the share price is $20.675.

Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Michael E Jesanis (director) purchased 12,000 shares at 22.53 per share price.On Nov 18, 2016, Pablo Vegas (EVP & President Columbia Gas) purchased 21,541 shares at 21.75 per share price.On Sep 1, 2016, Teresa M Smith (VP, Human Resources) sold 1,200 shares at 23.75 per share price.

NiSource Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.07.Analysts expectations of $ 789.87.During the same quarter in the previous year, the company posted $0.06 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.NiSource was Upgraded by Guggenheim to Buy on Jan 9, 2017. NiSource was Initiated by Goldman to Neutral on Dec 15, 2016. NiSource was Upgraded by Citigroup to Buy on Dec 14, 2016.

NiSource Inc. is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across seven states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSources more than 7,000 employees are focused on safely delivering reliable and affordable energy to their customers and communities they serve. NiSource has been designated a Worlds Most Ethical Company by the Ethisphere Institute since 2012 and is a member of the Dow Jones Sustainability – North America Index.


Share this post

Leave a Reply