Xcel Energy (XEL) Shares Slide -0.77%

Xcel Energy (XEL) : During the past 4 weeks, traders have been relatively bearish on Xcel Energy (XEL), hence the stock is down -4.98% 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 -0.7% relative to the S&P 500. The 4-week change in the price of the stock is -1.79% and the stock has fallen -0.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 2.84%. Xcel Energy Inc. is up 10.75% in the last 3-month period. Year-to-Date the stock performance stands at 24.49%.


Xcel Energy (NYSE:XEL): stock turned positive on Friday. Though the stock opened at $43.74, the bulls momentum made the stock top out at $44.16 level for the day. The stock recorded a low of $43.74 and closed the trading day at $43.98, in the green by 0.50%. The total traded volume for the day was 2,878,767. The stock had closed at $43.76 in the previous days trading.

Also, JP Morgan upgrades their rating on the shares of Xcel Energy (NYSE:XEL). The current rating of the shares is Overweight. Earlier, the shares were rated a Neutral by the brokerage firm. Equity Analysts at the Firm raises the price target to $47 per share from $39 per share. The rating by the firm was issued on June 16, 2016.

Xcel Energy Inc. is a public utility holding company. The Companys operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states. These utility subsidiaries are NSP-Minnesota NSP-Wisconsin, Public Service Company of Colorado (PSCo) and Southwestern Public Service Co. (SPS) and serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Its segments include regulated electric utility, regulated natural gas utility and all other. The regulated electric utility segment generates, transmits and distributes electricity in Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. Regulated electric utility also includes commodity trading operations. The regulated natural gas utility segment transports, stores and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado.

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