The shares of ONEOK, Inc. (OKE) traded with a loss of -1.11 points or -2.01% in the most recent session. The shares last traded at $54. As per the trading info, the shares saw $221.34 million in upticks and lost $210.46 million in downticks, resulting in a net money flow of $10.88 million. The up/down ratio for the day was measured at 1.05. For the week, the shares had posted -1.66%.From the block trade data available, the total upticks were valued at $37.72 million and the total downticks were valued at $25.38 million, thereby putting the up/down ratio at 1.49. The net money flow for the block transaction was $12.34 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
ONEOK, Inc. has lost 1.7% in the last five trading days and dropped 4.89% in the last 4 weeks. ONEOK, Inc. is up 12.75% in the last 3-month period. Year-to-Date the stock performance stands at -4.89%. ONEOK, Inc. (NYSE:OKE) witnessed a decline in the market cap on Wednesday as its shares dropped 2.01% or 1.11 points. After the session commenced at $58.27, the stock reached the higher end at $59.3 while it hit a low of $52.86. With the volume soaring to 20,726,038 shares, the last trade was called at $54. The company has a 52-week high of $59.47. The company has a market cap of $11,368 million and there are 210,521,970 shares in outstanding. The 52-week low of the share price is $18.88.
Company has reported several Insider transactions to the SEC, on Mar 18, 2016, Brian L Derksen (director) purchased 1,800 shares at 30.33 per share price.On Mar 8, 2016, Sheppard F Iii Miers (VP & Chief Accounting Officer) sold 3,900 shares at 27.49 per share price.On Dec 28, 2015, Walter S Iii Hulse (EVP STRATEGIC PLNG & CORP DEV) purchased 15,000 shares at 23.90 per share price.
ONEOK Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.42.Analysts expectations of $ 2306.59.During the same quarter in the previous year, the company posted $0.39 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ONEOK was Downgraded by Citigroup to Neutral on Jan 25, 2017. ONEOK was Downgraded by Jefferies to Underperform on Jan 12, 2017. Company shares were Downgraded by Barclays on Dec 13, 2016 to Equal Weight, Raises Price Target to $ 58 from a previous price target of $49 .
ONEOK, Inc. is engaged in several aspects of the energy business. The company purchases, gathers, compresses, transports, stores, and distributes natural gas. It also leases pipeline capacity to others. The company drills for and produces oil and gas, extracts and sells natural gas liquids, and is engaged in the gas marketing business.