Constellation Energy major shareholder Unloads $49,000 in Stock (CEP)
Constellation Energy (NYSE:CEP) major shareholder & Guill Energy L.P. Edelman sold 17,500 shares of Constellation Energy stock in a transaction dated Wednesday, July 30th. The shares were sold at an average price of $2.80, for a total transaction of $49,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Constellation Energy (NYSE:CEP) traded down 1.09% during mid-day trading on Friday, hitting $2.73. 194,822 shares of the company’s stock traded hands. Constellation Energy has a one year low of $1.90 and a one year high of $3.20. The stock has a 50-day moving average of $2.6 and a 200-day moving average of $2.48. The company’s market cap is $80.6 million.
Constellation Energy (NYSE:CEP) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.04) by $0.24. On average, analysts predict that Constellation Energy will post $0.17 earnings per share for the current fiscal year.
Constellation Energy Partners LLC (NYSE:CEP) is engaged in the acquisition, development and production of oil and natural gas properties, as well as related midstream assets.
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