American Electric Power Company (AEP) Shares are Up 1.73%

American Electric Power Company (AEP) has been under a strong bear grip, hence the stock is down -0.33% 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 1.19% in the past 1 week. The stock has risen by 1.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.35% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 3.52%.The 200 Day SMA reached 2.7% American Electric Power Co., Inc. has dropped 2.77% during the last 3-month period . Year-to-Date the stock performance stands at 14.14%.


American Electric Power Company (AEP) : The highest short term price target forecast on American Electric Power Company (AEP) is $77 and the lowest target price is $65. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $72.31 with a standard deviation of $4.17.

For the current week, the company shares have a recommendation consensus of Buy. American Electric Power Company (NYSE:AEP): The stock opened at $64.16 and touched an intraday high of $64.88 on Friday. During the day, the stock corrected to an intraday low of $63.88, however, the bulls stepped in and pushed the price higher to close in the green at $64.81 with a gain of 0.79% for the day. The total traded volume for the day was 3,751,526. The stock had closed at $64.3 in the previous trading session.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *