WEC Energy Group (WEC) Shares are Down -3.59%

WEC Energy Group (WEC) : During the past 4 weeks, traders have been relatively bearish on WEC Energy Group (WEC), hence the stock is down -6.1% 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 -4% relative to the S&P 500. The 4-week change in the price of the stock is -3.77% and the stock has fallen -3.59% in the past 1 week.

WEC Energy Group (NYSE:WEC): The stock opened at $63.66 on Friday but the bulls could not build on the opening and the stock topped out at $63.70 for the day. The stock traded down to $62.43 during the day, due to lack of any buying support eventually closed down at $62.58 with a loss of -1.99% for the day. The stock had closed at $63.85 on the previous day. The total traded volume was 1,836,827 shares.

The stock has recorded a 20-day Moving Average of 2.89% and the 50-Day Moving Average is 1.18%. WEC Energy Group, Inc. is up 6.5% in the last 3-month period. Year-to-Date the stock performance stands at 24.05%.

WEC Energy Group (WEC) : The most positive equity analysts on WEC Energy Group (WEC) expects the shares to touch $68, whereas, the least positive believes that the stock will trade at $56 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $61.8 with an expected fluctuation of $4.92 from the mean.


WEC Energy Group,Inc., formerly Wisconsin Energy Corporation is a holding company. The Company operates through two segments: utility energy segment and non-utility energy segment. Its utility energy segment consists of Wisconsin Electric and Wisconsin Gas, operating together under the trade name of We Energies. Its non-utility energy segment consists of We Power, which owns and leases to Wisconsin Electric generation plants constructed as part of its Power the Future (PTF) strategy. Its other non-utility operations consist of the operations of its subsidiaries, Wispark LLC and Bostco LLC. Its principal utilities include Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources, among others. Its primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC (Wisconsin Gas), W.E. Power, LLC (We Power), Integrys Energy Group, Inc. and Integrys Holding, Inc., among others.

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