Vectren Corporation (VVC) : During the past 4 weeks, traders have been relatively bearish on Vectren Corporation (VVC), hence the stock is down -4.27% 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 -1.96% relative to the S&P 500. The 4-week change in the price of the stock is -1.89% and the stock has fallen -1.55% in the past 1 week.
Vectren Corporation (NYSE:VVC): The stock opened at $51.67 on Friday but the bulls could not build on the opening and the stock topped out at $51.67 for the day. The stock traded down to $50.85 during the day, due to lack of any buying support eventually closed down at $50.93 with a loss of -1.58% for the day. The stock had closed at $51.75 on the previous day. The total traded volume was 275,431 shares.
The stock has recorded a 20-day Moving Average of 1.44% and the 50-Day Moving Average is 0.84%. Vectren Corporation is up 2.93% in the last 3-month period. Year-to-Date the stock performance stands at 22.13%.
Vectren Corporation (VVC) : Currently there are 2 street experts covering Vectren Corporation (VVC) stock. The most bullish and bearish price target for the stock is $52 and $48 respectively for the short term. The average price target of all the analysts comes to $50. The estimated standard deviation from the target is $2.83.
Vectren Corporation (Vectren) is an energy holding Company. The Company segregates its operations into groups, including Utility Group and Nonutility Group. The Companys wholly owned subsidiary, Vectren Utility Holdings, Inc. (Utility Holdings), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc. (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc. (VEDO). The Company, through Vectren Enterprises Inc. (Enterprises), is involved in non-utility activities in two primary business areas: Infrastructure Services and Energy Services. Infrastructure Services provides underground pipeline construction and repair services. Energy Services provides energy performance contracting and sustainable infrastructure.