Pacific Gas & Electric Co. (PCG) : During the past 4 weeks, traders have been relatively bearish on Pacific Gas & Electric Co. (PCG), hence the stock is down -3.83% 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 -0.49% relative to the S&P 500. The 4-week change in the price of the stock is -1.43% and the stock has fallen -0.06% in the past 1 week.
Pacific Gas & Electric Co. (NYSE:PCG): The stock opened at $64.40 on Friday but the bulls could not build on the opening and the stock topped out at $64.49 for the day. The stock traded down to $63.71 during the day, due to lack of any buying support eventually closed down at $63.90 with a loss of -0.95% for the day. The stock had closed at $64.51 on the previous day. The total traded volume was 2,954,026 shares.
The stock has recorded a 20-day Moving Average of 0.72% and the 50-Day Moving Average is 1.62%. PG&E Corporation is up 9.15% in the last 3-month period. Year-to-Date the stock performance stands at 22.02%.
Pacific Gas & Electric Co. (PCG) stock is expected to deviate a maximum of $1.97 from the average target price of $69.36 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $72 and the most muted being $67.
PG&E Corporation is a holding company. The Companys primary operating subsidiary is Pacific Gas and Electric Company (the Utility). The Utilitys operations include electric utility operations and natural gas utility operations. It operates in northern and central California. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial and agricultural customers. The Utility provides natural gas transportation services to customers, which include small commercial and residential customers, and to non-core customers, which include industrial, commercial, and natural gas-fired electric generation facilities that are connected to the Utilitys gas system in its service territory.