Vectren Corporation (VVC) : During the past 4 weeks, traders have been relatively bearish on Vectren Corporation (VVC), hence the stock is down -5.47% 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 -1.93% relative to the S&P 500. The 4-week change in the price of the stock is -5.66% and the stock has fallen -2.58% 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 3.39% and the fifty day Moving Average is 4.38%. Vectren Corporation has dropped 0.51% during the last three month period . Year-to-Date the stock performance stands at 17.94%.
Vectren Corporation (VVC) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $51 and the lowest price target forecast is $51. The average forecast of all the analysts is $51 and the expected standard deviation is $0.
Vectren Corporation (NYSE:VVC): On Fridays trading session , Opening price of the stock was $50.13 with an intraday high of $50.41. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.768. However, the stock managed to close at $48.8, a loss of 2.63% for the day. On the previous day, the stock had closed at $50.12. The total traded volume of the day was 295,625 shares.
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.