Exelon Corp. Hits New 52-Week Low at $26.45 (EXC)
Shares of Exelon Corp. (NYSE:EXC) hit a new 52-week low during mid-day trading on Friday, StockRatingsNetwork.com reports. The stock traded as low as $26.45 and last traded at $26.63, with a volume of 8,597,053 shares trading hands. The stock had previously closed at $27.17.
EXC has been the subject of a number of recent research reports. Analysts at Merrill Lynch downgraded shares of Exelon Corp. to an “underperform” rating in a research note to investors on Friday. Separately, analysts at Bank of America Corp. downgraded shares of Exelon Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Friday. Finally, analysts at Citigroup Inc. downgraded shares of Exelon Corp. from a “neutral” rating to a “sell” rating in a research note to investors on Friday. Seven research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $31.26.
Exelon Corp. has a 52 week low of $26.64 and a 52 week high of $37.80. The stock’s 50-day moving average is $27.56 and its 200-day moving average is $29.52. The company has a market cap of $22.811 billion and a P/E ratio of 14.58.
Exelon Corp. (NYSE:EXC) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.12. The company had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $6.20 billion. During the same quarter last year, the company posted $0.77 earnings per share. Exelon Corp.’s revenue was down 9.0% compared to the same quarter last year.
Exelon Corporation (NYSE:EXC) is an energy provider and holding company for several energy businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.