Ameren Corporation (AEE) has been under a strong bear grip, hence the stock is down -3.77% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.04% in the past 1 week. The stock has risen by 0.1% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.78% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.74% and the 50-Day Moving Average is 1.4%. Ameren Corporation (NYSE:AEE): stock turned positive on Friday. Though the stock opened at $51.23, the bulls momentum made the stock top out at $51.49 level for the day. The stock recorded a low of $51.03 and closed the trading day at $51.05, in the green by 0.06%. The total traded volume for the day was 1,160,313. The stock had closed at $51.02 in the previous days trading.
The company Insiders own 0.38% of Ameren Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.97% . Institutional Investors own 67.77% of Ameren Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.97%. Also, Barclays maintains its rating on Ameren Corporation (NYSE:AEE). The global brokerage major lowers the current price target from $55 per share to $52 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on May 16, 2016.
Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Companys subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary, ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24,000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40,000 square miles.