Consolidated Edison Inc (ED) Shares are Down -2.26%

Consolidated Edison Inc (ED) : During the past 4 weeks, traders have been relatively bearish on Consolidated Edison Inc (ED), hence the stock is down -6.43% 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 -1.62% relative to the S&P 500. The 4-week change in the price of the stock is -6.63% and the stock has fallen -2.26% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.36% and the fifty day Moving Average is 4.34%. Consolidated Edison, Inc. is up 3.67% in the last three month period. Year-to-Date the stock performance stands at 19.51%.

Consolidated Edison Inc (ED) : The highest level Consolidated Edison Inc (ED) is projected to reach is $80 for the short term and the lowest estimate is at $71. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $75.5 and the possibility the share price can swing is $3.73.


Consolidated Edison Inc (NYSE:ED): On Fridays trading session , Opening price of the stock was $76.5 with an intraday high of $76.93. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $74.695. However, the stock managed to close at $74.77, a loss of 2.20% for the day. On the previous day, the stock had closed at $76.45. The total traded volume of the day was 1,126,803 shares.

Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and the Competitive Energy Businesses. CECONY delivers electricity, natural gas and steam to customers in New York City and Westchester County. Orange and Rockland Utilities Inc. (O&R) delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north-eastern Pennsylvania. O&Rs utility subsidiaries include Rockland Electric Company and Pike County Light & Power Company. Competitive energy businesses provide retail and wholesale electricity supply and energy services. The Competitive Energy Businesses include three subsidiaries: Consolidated Edison Solutions, Inc. (Con Edison Solutions); Consolidated Edison Energy, Inc. (Con Edison Energy), and Consolidated Edison Development, Inc. (Con Edison Development).

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