Public Service Enterprise Group Incorporated (PEG) Shares are Up 2.84%

Public Service Enterprise Group Incorporated (PEG) has been under a strong bear grip, hence the stock is down -1.09% 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 2.3% in the past 1 week. The stock has risen by 2.84% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.09% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 3.42%.The 200 Day SMA reached 0.81% Public Service Enterprise Group Inc. has dropped 4.7% during the last 3-month period . Year-to-Date the stock performance stands at 12.42%.


Public Service Enterprise Group Incorporated (PEG) : Currently there are 6 street experts covering Public Service Enterprise Group Incorporated (PEG) stock. The most bullish and bearish price target for the stock is $50 and $41 respectively for the short term. The average price target of all the analysts comes to $46.08. The estimated standard deviation from the target is $3.38.

Company shares have received an average consensus rating of Hold for the current week Public Service Enterprise Group Incorporated (NYSE:PEG): The stock opened at $41.7 and touched an intraday high of $42.36 on Friday. During the day, the stock corrected to an intraday low of $41.59, however, the bulls stepped in and pushed the price higher to close in the green at $42.3 with a gain of 0.83% for the day. The total traded volume for the day was 4,826,604. The stock had closed at $41.95 in the previous trading session.

Public Service Enterprise Group Incorporated (PSEG) is an energy holding company engaged in the transmission of electricity and distribution of electricity and natural gas. Its operations are located in the Northeastern and Mid- Atlantic United States. It conducts its business through two direct wholly owned subsidiaries: PSEG Power LLC (Power) and Public Service Electric and Gas Company (PSE&G). The Companys other direct wholly owned subsidiaries are PSEG Energy Holdings L.L.C., which owns and manages a portfolio of lease investments; PSEG Long Island LLC, which operates the Long Island Power Authoritys (LIPA) transmission and distribution system under a contractual agreement, and PSEG Services Corporation, which provides certain management, administrative and general services to PSEG and its subsidiaries.

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