Sempra Energy (SRE) has risen sharply, recording gains of 2.77% in the past 4 weeks. However, the stock has corrected -2.47% 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 3.33% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.01% and the 50-Day Moving Average is 0.18%.The 200 Day SMA reached 5.2%
Sempra Energy (NYSE:SRE): After opening at $107.53, the stock dipped to an intraday low of $106.93 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $107.95 and the buying power remained strong till the end. The stock closed at $107.19 for the day, a gain of 0.22% for the day session. The total traded volume was 1,813,352. The stocks close on the previous trading day was $107.19.
Sempra Energy (SRE) : The highest short term price target forecast on Sempra Energy (SRE) is $125 and the lowest target price is $116. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $121 with a standard deviation of $3.39.
Sempra Energy is a holding company. The Companys principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment includes the operating companies of the Companys subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V., as well as certain holding companies and risk management activity. SoCalGas and SDG&E sell, distribute and transport natural gas. The Companys units distribute electricity. SoCalGas also provides natural gas storage services.