Scana Corporation (SCG) has risen sharply, recording gains of 1% in the past 4 weeks. However, the stock has corrected -3.49% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.55% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.26% and the 50-Day Moving Average is 0.06%.The 200 Day SMA reached 6.69%
Scana Corporation (NYSE:SCG): The stock opened in the green at $73.1 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $73.5 and a low of $71.99 for the day. The stock did not find buyers even at the lows and closed at $72.37 recording a loss of -0.47%. 913,786 shares exchanged hands during the trading day. The stock had closed at $72.37 in the previous days trading.
Scana Corporation (SCG) : The highest short term price target forecast on Scana Corporation (SCG) is $84 and the lowest target price is $61. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $73.4 with a standard deviation of $9.21.
SCANA Corporation is a holding company. SCANA, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity in South Carolina and in the purchase, transmission and sale of natural gas in North Carolina and South Carolina. Through other wholly owned non-regulated subsidiaries, SCANA markets natural gas to retail customers in Georgia and to wholesale customers primarily in the southeast, and also provides fiber optic and other telecommunications services. The Company operates through the following segments: Electric Operations, Gas Distribution, Retail Gas Marketing and All Other. Electric Operations primarily generates, transmits and distributes electricity. Gas Distribution purchases and sells natural gas, primarily at retail. Retail Gas Marketing markets natural gas in Georgia. Energy Marketing markets natural gas to industrial and commercial customers and municipalities. All Other comprises the holding company and its subsidiaries.