Ameren Corporation (AEE) : During the past 4 weeks, traders have been relatively bearish on Ameren Corporation (AEE), hence the stock is down -4.72% 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 -0.91% relative to the S&P 500. The 4-week change in the price of the stock is -4.35% and the stock has fallen -0.94% in the past 1 week.
Ameren Corporation is up 7.97% in the last 3-month period. Year-to-Date the stock performance stands at 19.05%. The stock has recorded a 20-day Moving Average of 1.86% and the 50-Day Moving Average is 2.57%.
Ameren Corporation (NYSE:AEE): The stock opened at $51.24 on Friday but the bulls could not build on the opening and the stock topped out at $51.26 for the day. The stock traded down to $50.26 during the day, due to lack of any buying support eventually closed down at $50.57 with a loss of -1.52% for the day. The stock had closed at $51.35 on the previous day. The total traded volume was 1,371,525 shares.
Also, Equity analysts at the Brokerage firm Barclays maintains its rating on Ameren Corporation (NYSE:AEE). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Barclays lowers the price target from $55 per share to $52 per share. The rating by the firm was issued on May 16, 2016.
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.