On a relative basis, the stock has outperformed the S&P 500 by 0.43% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.11% and the stock has fallen -4.28% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.96% and the 50-Day Moving Average is 1.5%.The 200 Day SMA reached 5.14%
Pinnacle West Capital Corporation (NYSE:PNW): The stock opened in the green at $77.16 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $77.45 and a low of $75.56 for the day. The stock did not find buyers even at the lows and closed at $75.99 recording a loss of -1.00%. 951,379 shares exchanged hands during the trading day. The stock had closed at $75.99 in the previous days trading.
Pinnacle West Capital Corporation (PNW) : 9 investment research analysts covering Pinnacle West Capital Corporation (PNW) have an average price target of $75.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $81 and the lowest target is $67 for the short term. Analysts expect the variance to be within $4.66 of the average price.
Pinnacle West Capital Corporation is a holding company that operates primarily through its wholly owned subsidiaries is engaged in regulated retail and wholesale electricity businesses. The Companys operations primarily include electricity generation, transmission and distribution. The Companys subsidiaries include Arizona Public Service Company (APS), a vertically integrated electric utility that provides either retail or wholesale electric service to the State of Arizona, with the exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona; El Dorado Investment Company (El Dorado) and Bright Canyon Energy Corporation (BCE). APS provides electric service to approximately 1.2 million customers. APS has ownership interests in or leases the coal, nuclear, gas, oil and solar generating facilities.