American Electric Power Company (AEP) : During the past 4 weeks, traders have been relatively bearish on American Electric Power Company (AEP), hence the stock is down -6.37% 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 -2.51% relative to the S&P 500. The 4-week change in the price of the stock is -4.04% and the stock has fallen -2.09% in the past 1 week.
American Electric Power Company (NYSE:AEP): The stock opened at $68.48 on Friday but the bulls could not build on the opening and the stock topped out at $68.56 for the day. The stock traded down to $67.63 during the day, due to lack of any buying support eventually closed down at $67.85 with a loss of -1.15% for the day. The stock had closed at $68.64 on the previous day. The total traded volume was 3,774,802 shares.
The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 0.23%. American Electric Power Co., Inc. is up 5.1% in the last 3-month period. Year-to-Date the stock performance stands at 18.51%.
American Electric Power Company (AEP) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $78 and the lowest price target forecast is $64. The average forecast of all the analysts is $72.45 and the expected standard deviation is $4.69.
American Electric Power Company, Inc. is a utility holding company. It operates in five segments. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. The Transmission and Distribution Utilities segment transmits and distributes electricity through Ohio Power Company, AEP Texas Central Company and AEP Texas North Company. The Generation & Marketing segments subsidiaries consist of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. AEP Transmission Holdco is a holding company for AEPs transmission joint ventures and AEP Transmission Company, LLC. The AEP River Operations segment transports liquid, coal and dry bulk commodities.