Edison International (EIX) : During the past 4 weeks, traders have been relatively bearish on Edison International (EIX), hence the stock is down -6.89% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.47% relative to the S&P 500. The 4-week change in the price of the stock is -7.08% and the stock has fallen -3.11% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.28% and the fifty day Moving Average is 5.18%. Edison International is up 2.22% in the last three month period. Year-to-Date the stock performance stands at 23.03%.
Edison International (EIX) : The consensus price target for Edison International (EIX) is $80.33 for the short term with a standard deviation of $2.34. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $84, however, the pessimist price target for the company is $77.
Edison International (NYSE:EIX): On Fridays trading session , Opening price of the stock was $73.72 with an intraday high of $74.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $71.76. However, the stock managed to close at $71.9, a loss of 2.38% for the day. On the previous day, the stock had closed at $73.65. The total traded volume of the day was 1,984,322 shares.
Edison International is the parent holding company of Southern California Edison Company (SCE) and subsidiaries. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. Edison International is also the parent company of subsidiaries that are engaged in businesses related to the generation or use of electricity. Edison Internationals other subsidiaries include Edison Mission Group Inc. and SoCore Energy LLC. Edison Mission Group Inc. is a wholly owned subsidiary of Edison International and the parent company of Edison Mission Energy and Edison Capital. SoCore Energy LLC, a subsidiary engaged in distributed generation, has constructed 26 Megawatt of rooftop solar systems in nine states selling power back to commercial customers under power purchase agreements.