The AES Corporation (AES) : During the past 4 weeks, traders have been relatively bearish on The AES Corporation (AES), hence the stock is down -3.14% 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 -1.39% relative to the S&P 500. The 4-week change in the price of the stock is -0.73% and the stock has fallen -0.97% in the past 1 week.
The AES Corporation (NYSE:AES): The stock opened at $12.44 on Friday but the bulls could not build on the opening and the stock topped out at $12.52 for the day. The stock traded down to $12.10 during the day, due to lack of any buying support eventually closed down at $12.23 with a loss of -1.45% for the day. The stock had closed at $12.41 on the previous day. The total traded volume was 6,722,797 shares.
The stock has recorded a 20-day Moving Average of 1.31% and the 50-Day Moving Average is 3.39%. The AES Corporation is up 11.37% in the last 3-month period. Year-to-Date the stock performance stands at 31.78%.
The AES Corporation (AES) : 6 investment research analysts covering The AES Corporation (AES) have an average price target of $13.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $15 and the lowest target is $12 for the short term. Analysts expect the variance to be within $1.03 of the average price.
The AES Corporation (AES) is a holding company that operates a portfolio of electricity generation and distribution businesses. The Company is organized into six market-oriented Strategic Business Units (SBUs): the United States, Andes (Chile, Colombia and Argentina), Brazil, MCAC (Mexico, Central America and Caribbean), Europe (formerly EMEA) and Asia. Within these six SBUs, the Company has two lines of business: generation and utilities. Under the generation business line, the Company owns and operates power plants to generate and sell power to customers, such as utilities, industrial users and other intermediaries. Under the utilities business line, the Company owns and operates utilities to generate or purchase, distribute, transmit and sell electricity to end-user customers in the residential, commercial, industrial and governmental sectors within a defined service area. Its utilities also generate and sell electricity on the wholesale market.