Xcel Energy (XEL) : During the past 4 weeks, traders have been relatively bearish on Xcel Energy (XEL), hence the stock is down -4.65% 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 -0.86% relative to the S&P 500. The 4-week change in the price of the stock is -4.29% and the stock has fallen -0.89% in the past 1 week.
Xcel Energy Inc. is up 5.66% in the last 3-month period. Year-to-Date the stock performance stands at 20.08%. The stock has recorded a 20-day Moving Average of 1.68% and the 50-Day Moving Average is 2.25%.
Xcel Energy (NYSE:XEL): The stock opened at $42.76 on Friday but the bulls could not build on the opening and the stock topped out at $42.89 for the day. The stock traded down to $42.18 during the day, due to lack of any buying support eventually closed down at $42.42 with a loss of -1.26% for the day. The stock had closed at $42.96 on the previous day. The total traded volume was 2,610,764 shares.
Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Xcel Energy (NYSE:XEL). Jefferies has a Hold rating on the shares. As per the latest research report, the brokerage house raises the price target to $45 per share from a prior target of $42. The rating by the firm was issued on August 4, 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.