Edison Internationals in-depth stock price analysis indicates that the stock price has rallied 9.88% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.6% . Looking at the past 52 week period, the stock price is up at 21.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Edison International has a positive value of 0.14 compared to overall market. Edison International (NYSE:EIX) has climbed 3.68% in the past week and advanced 4.31% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.84% and the outperformance has advanced to 2.45% for the last 4 weeks period.
Edison International (NYSE:EIX) : On Friday heightened volatility was witnessed in Edison International (NYSE:EIX) which led to swings in the share price. The stock opened for trading at $74.24 and hit $75.23 on the upside , eventually ending the session at $75.21, with a gain of 0.6% or 0.45 points. The heightened volatility saw the trading volume jump to 1,598,283 shares. The 52-week high of the share price is $78.72 and the company has a market cap of $24,504 million. The 52-week low of the share price is at $61.5 .
Edison International Last issued its quarterly earnings results on Nov 1, 2016. The company reported $1.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.28. The company had revenue of $3767.00 million for the quarter, compared to analysts expectations of $3895.99 million. The companys revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.16 EPS.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Ronald L Litzinger (Pres. Edison Energy Group, Inc) sold 38,086 shares at 69.40 per share price.On Sep 15, 2016, Ellen O. Tauscher (director) sold 3,012 shares at 71.87 per share price.On Sep 8, 2016, Jagjeet S. Bindra (director) sold 3,995 shares at 73.79 per share price.
Edison International is an international electric power generator, distributor and structured finance provider. Edison International is one of the industry leaders in privatized, deregulated and incentive-regulated markets and power generation. It is the parent company of Edison Mission Energy, Southern California Edison, Edison Capita, Edison Enterprises and Edison O&M Services. (Company Press Release)