Portland General Electric Company (POR) Shares are Down -3.07%

On a relative basis, the stock has outperformed the S&P 500 by 0.4% 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 -0.14% and the stock has fallen -3.07% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.59% and the 50-Day Moving Average is 0.59%.The 200 Day SMA reached 6.48%


Portland General Electric Company (NYSE:POR): The stock opened in the green at $42.84 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $42.915 and a low of $42.225 for the day. The stock did not find buyers even at the lows and closed at $42.59 recording a loss of -0.19%. 637,364 shares exchanged hands during the trading day. The stock had closed at $42.59 in the previous days trading.

Portland General Electric Company (POR) stock is expected to deviate a maximum of $2.17 from the average target price of $43.2 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $46 and the most muted being $41.

Portland General Electric Company (PGE) is a vertically integrated electric utility company engaged in the generation, wholesale purchase, transmission, distribution and retail sale of electricity in the state of Oregon. The Company also sells electricity and natural gas in the wholesale market to utilities, brokers and power marketers. The Companys resources consist of six thermal plants, which include natural gas- and coal-fired turbines, two wind farms and seven hydroelectric plants. The Company has a resource capacity of approximately 1,389 megawatts (MW) of natural gas, 814 MW of coal, 717 MW of wind and 494 MW of hydro. The Company has contractual rights for transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and to the Western Interconnection. The Company has four natural gas-fired generating facilities: Port Westward Unit 1, Port Westward Unit 2, Beaver and Coyote Springs Unit 1 (Coyote Springs).

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