The AES Corporation (AES) : During the past 4 weeks, traders have been relatively bearish on The AES Corporation (AES), hence the stock is down -2.47% 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 -0.99% relative to the S&P 500. The 4-week change in the price of the stock is -2.67% and the stock has fallen -1.64% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.63% and the fifty day Moving Average is 1.22%. The AES Corporation is up 9.16% in the last three month period. Year-to-Date the stock performance stands at 29.52%.
The AES Corporation (AES) : The highest short term price target forecast on The AES Corporation (AES) is $15 and the lowest target price is $12. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $13.6 with a standard deviation of $1.14.
The AES Corporation (NYSE:AES): On Fridays trading session , Opening price of the stock was $12.16 with an intraday high of $12.31. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.96. However, the stock managed to close at $12.02, a loss of 0.74% for the day. On the previous day, the stock had closed at $12.11. The total traded volume of the day was 5,161,432 shares.
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.