Scana Corporation (SCG) : During the past 4 weeks, traders have been relatively bearish on Scana Corporation (SCG), hence the stock is down -3.51% 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 -0.86% relative to the S&P 500. The 4-week change in the price of the stock is -3.14% and the stock has fallen -0.89% in the past 1 week.
SCANA Corp. is up 6.96% in the last 3-month period. Year-to-Date the stock performance stands at 22.04%. The stock has recorded a 20-day Moving Average of 1.32% and the 50-Day Moving Average is 1.09%.
Scana Corporation (NYSE:SCG): The stock opened at $72.97 on Friday but the bulls could not build on the opening and the stock topped out at $73.12 for the day. The stock traded down to $72.06 during the day, due to lack of any buying support eventually closed down at $72.58 with a loss of -0.93% for the day. The stock had closed at $73.26 on the previous day. The total traded volume was 762,549 shares.
Also, Equity analysts at the Brokerage firm UBS maintains its rating on Scana Corporation (NYSE:SCG). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at UBS raises the price target from $72 per share to $76 per share. The rating by the firm was issued on July 29, 2016.
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.