FirstEnergy Corporation (FE) Shares are Down -7.13%

FirstEnergy Corporation (FE) : During the past 4 weeks, traders have been relatively bearish on FirstEnergy Corporation (FE), hence the stock is down -12.15% 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 -7.53% relative to the S&P 500. The 4-week change in the price of the stock is -9.97% and the stock has fallen -7.13% in the past 1 week.

FirstEnergy Corporation (NYSE:FE): The stock opened at $32.91 on Friday but the bulls could not build on the opening and the stock topped out at $32.95 for the day. The stock traded down to $32.37 during the day, due to lack of any buying support eventually closed down at $32.43 with a loss of -1.52% for the day. The stock had closed at $32.93 on the previous day. The total traded volume was 2,764,660 shares.

The stock has recorded a 20-day Moving Average of 7.65% and the 50-Day Moving Average is 4.85%. FirstEnergy Corp. has dropped 0.92% during the last 3-month period . Year-to-Date the stock performance stands at 5.6%.

FirstEnergy Corporation (FE) : The most positive equity analysts on FirstEnergy Corporation (FE) expects the shares to touch $38, whereas, the least positive believes that the stock will trade at $33 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $36.5 with an expected fluctuation of $2.27 from the mean.


FirstEnergy Corp. is a holding company. The Company operates through three segments: Regulated Distribution, Regulated Transmission and Competitive Energy Services (CES). The Regulated Distribution segment distributes electricity through its 10 utility operating companies, serving customers within 65,000 square miles of Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. The Regulated Transmission segment transmits electricity through transmission facilities. The CES segment supplies electricity to end-use customers through retail and wholesale arrangements, including retail sales to customers in Ohio, Pennsylvania, Illinois, Michigan, New Jersey and Maryland. The Companys principal subsidiaries include Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Metropolitan Edison Company, Pennsylvania Electric Company, FirstEnergy Service Company, FirstEnergy Solutions Corp., Allegheny Energy Supply Company, LLC, among others.

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