Company Shares of Scana Corporation (NYSE:SCG) Drops by -0.73%

Scana Corporation (NYSE:SCG) has risen sharply, recording gains of 4.89% in the past 4 weeks. However, the stock has corrected -0.73% 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 3.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have rallied 41.55% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $76.41 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $71.74 and the 200 Day Moving Average price is recorded at $67.38.

The stock has recorded a 20-day Moving Average of 3.01% and the 50-Day Moving Average is 6.45%.


Scana Corporation (NYSE:SCG): stock turned positive on Friday. Though the stock opened at $73.9, the bulls momentum made the stock top out at $75.16 level for the day. The stock recorded a low of $73.32 and closed the trading day at $75.08, in the green by 1.15%. The total traded volume for the day was 1,125,939. The stock had closed at $74.23 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Harris Don Russell, officer (SCANA Senior VP/SCEG President) of Scana Corp, had unloaded 2,500 shares at an average price of $65.27 in a transaction dated on February 26, 2016. The total value of the transaction was worth $163,175.

SCANA Corporation is a holding company. SCANA, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina and in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries, SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast, and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations, Gas Distribution, Retail Gas Marketing and All Other. Electric Operations primarily generates, transmits and distributes electricity. Gas Distribution purchases and sells natural gas, primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.

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