PG&E Corp (NYSE: PCG) is 17.03% higher on its value in year-to-date trading and has touched a low of $15.94 and a high of $21.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PCG stock was last observed hovering at around $21.00 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $21.10, the stock is 2.37% and 4.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.6 million and changing 0.48% at the moment leaves the stock 15.56% off its SMA200. PCG registered 19.34% gain for a year compared to 6-month gain of 12.65%. The firm has a 50-day simple moving average (SMA 50) of $20.204 and a 200-day simple moving average (SMA200) of $18.25965.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 2.58% loss in the last 1 month and extending the period to 3 months gives it a 13.20%, and is -0.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.57% over the week and 1.82% over the month.
PG&E Corp (PCG) has around 28010 employees, a market worth around $45.10B and $24.83B in sales. Current P/E ratio is 16.43 and Fwd P/E is 14.25. Profit margin for the company is 11.06%. Distance from 52-week low is 32.37% and -1.91% from its 52-week high. The company has generated returns on investments over the last 12 months (3.35%).
PG&E Corp quarterly earnings per share for the current quarter are estimated at 0.32 with sales reaching $6.98B over the same period.The EPS is expected to grow by 10.62% this year, but quarterly earnings will post -0.96% year-over-year. Quarterly sales are estimated to shrink -0.83% in year-over-year returns.
978.0 institutions hold shares in PG&E Corp (PCG), with institutional investors hold 80.30% of the company’s shares. The shares outstanding are 2.13B, and float is at 2.12B with Short Float at 1.61%. Institutions hold 78.11% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 283.64 million shares valued at $4.95 billion. The investor’s holdings represent 13.2917 of the PCG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 176.4 million shares valued at $3.08 billion to account for 8.2662 of the shares outstanding. The other top investors are FMR LLC which holds 168.24 million shares representing 7.8836 and valued at over $2.94 billion, while JPMORGAN CHASE & CO holds 6.0822 of the shares totaling 129.79 million with a market value of $2.27 billion.
PG&E Corp (PCG) Insider Activity
The most recent transaction is an insider sale by Williams Stephanie N, the company’s VP and Controller. SEC filings show that Williams Stephanie N sold 38,601 shares of the company’s common stock on Aug 15 ’24 at a price of $18.32 per share for a total of $0.71 million. Following the sale, the insider now owns 19114.0 shares.
Still, SEC filings show that on Apr 30 ’24, Poppe Patricia K (Chief Executive Officer) disposed off 59,000 shares at an average price of $17.08 for $1.01 million. The insider now directly holds 1,515,777 shares of PG&E Corp (PCG).
