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

Spectra Energy Corp (SE) had a weak trading session and its shares were last down at $41.44, down -0.21% or -0.5 points. The trading data also revealed that the total net flow stood at $1.12 million as the shares had $2.31 million in upticks but lost $1.2 million in downticks. The up/down ratio was 1.93. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -1.33% in the shares.The block trade data suggests an inflow of $1.36 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $1.36.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Spectra Energy Corp has dropped 4.73% in the last five trading days, however, the shares have posted positive gains of 0.41% in the last 4 weeks. Spectra Energy Corp has dropped 0.34% during the last 3-month period . Year-to-Date the stock performance stands at 0.41%. Spectra Energy Corp (NYSE:SE) witnessed a decline in the market cap on Wednesday as its shares dropped 0.94% or 0.39 points. After the session commenced at $41.66, the stock reached the higher end at $41.71 while it hit a low of $40.905. With the volume soaring to 3,725,274 shares, the last trade was called at $41.26. The company has a 52-week high of $44. The company has a market cap of $28,945 million and there are 701,520,040 shares in outstanding. The 52-week low of the share price is $26.11.

Company has reported several Insider transactions to the SEC, on Nov 18, 2016, Gregory L Ebel (President and CEO) sold 66,587 shares at 40.78 per share price.On Aug 9, 2016, Dorothy M Ables (Chief Administrative Officer) sold 33,400 shares at 36.25 per share price.On Mar 3, 2016, Guy G. Buckley (Chief Development Officer) sold 21,100 shares at 29.41 per share price.

Spectra Energy Corp. Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.25. The company had revenue of $1075.00 million for the quarter, compared to analysts expectations of $1161.34 million. The companys revenue was down -2.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.

SPECTRA ENERGY CORP is one of North Americas premier natural gas infrastructure companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage, and distribution. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related infrastructure connecting natural gas supply sources to premium markets.


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