Ameren Corporation (AEE) has risen sharply, recording gains of 2.42% in the past 4 weeks. However, the stock has corrected -1.2% in the past 1 week, providing a good buying opportunity on dips. Ameren Corporation (AEE) : During the past 4 weeks, traders have been relatively bearish on Ameren Corporation (AEE), hence the stock is down -1.87% 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 -2.66% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 4.96%.
Ameren Corporation (NYSE:AEE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.34 and $52.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.51, notching a gain of 0.52% for the day. The total traded volume was 1,202,754 . The stock had closed at $52.24 on the previous day.
The company Insiders own 0.38% of Ameren Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.97% . Institutional Investors own 68.86% of Ameren Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.97%.
Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Companys subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary, ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24,000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40,000 square miles.