Ameren Corporation (AEE) Shares are Up 0.69%

Ameren Corporation (AEE) has been under a strong bear grip, hence the stock is down -4.37% 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 0.07% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.69% in the last 1 week, and is up 2.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Ameren Corporation (NYSE:AEE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.24 and $52.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.87, notching a gain of 1.21% for the day. The total traded volume was 1,712,047 . The stock had closed at $52.24 on the previous day.


The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 4.8%. Ameren Corporation is up 14.55% in the last 3-month period. Year-to-Date the stock performance stands at 24.46%.

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.

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