American Electric Power Company (AEP) Shares Slide -1.08%

American Electric Power Company (AEP) : During the past 4 weeks, traders have been relatively bearish on American Electric Power Company (AEP), hence the stock is down -4.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.02% relative to the S&P 500. The 4-week change in the price of the stock is -1.2% and the stock has fallen -1.08% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.89% and the 50-Day Moving Average is 2.73%. American Electric Power Co., Inc. is up 10.08% in the last 3-month period. Year-to-Date the stock performance stands at 21.04%.


American Electric Power Company (NYSE:AEP): stock turned positive on Friday. Though the stock opened at $68.84, the bulls momentum made the stock top out at $69.56 level for the day. The stock recorded a low of $68.82 and closed the trading day at $69.3, in the green by 0.55%. The total traded volume for the day was 2,490,159. The stock had closed at $68.92 in the previous days trading.

Also, Hilliard Lyons downgrades its view on American Electric Power Company (NYSE:AEP) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on July 29, 2016.

American Electric Power Company, Inc. is a utility holding company. It operates in five segments. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. The Transmission and Distribution Utilities segment transmits and distributes electricity through Ohio Power Company, AEP Texas Central Company and AEP Texas North Company. The Generation & Marketing segments subsidiaries consist of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. AEP Transmission Holdco is a holding company for AEPs transmission joint ventures and AEP Transmission Company, LLC. The AEP River Operations segment transports liquid, coal and dry bulk commodities.

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