On a relative basis, the stock has outperformed the S&P 500 by 0.9% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.05% in the last 1 week, and is up 5.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.82% and the 50-Day Moving Average is 4.41%.
Exelon Corporation (NYSE:EXC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.47 and $36.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.49, notching a gain of 0.27% for the day. The total traded volume was 3,234,730 . The stock had closed at $36.39 on the previous day.
The company Insiders own 0.8% of Exelon Corporation shares according to the proxy statements. Institutional Investors own 78.78% of Exelon Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -19.61%. In a related news, The officer (CEO, BGE), of Exelon Corp, Butler Calvin Jr had unloaded 5,000 shares at $32.42 per share in a transaction on February 8, 2016. The total value of transaction was $162,100. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLCs (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generations business consists of the generation, physical delivery and marketing of power across geographical regions. ComEds business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECOs business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGEs business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.