Alliant Energy Corporation (LNT) has risen sharply, recording gains of 0.26% in the past 4 weeks. However, the stock has corrected -4.49% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.8% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.05% and the 50-Day Moving Average is 1.88%.The 200 Day SMA reached 6.37%
Alliant Energy Corporation (NYSE:LNT): The stock opened in the green at $39.02 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $39.18 and a low of $38.14 for the day. The stock did not find buyers even at the lows and closed at $38.31 recording a loss of -1.42%. 2,031,936 shares exchanged hands during the trading day. The stock had closed at $38.31 in the previous days trading.
Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa, Wisconsin and Minnesota. The Companys business segments are Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. The Companys Non-regulated, Parent and Other segment includes the operations of Alliant Energy Resources, LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services, Inc. (Corporate Services); the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.