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Check out this: PG&E Corp (PCG) could be on the verge of a big rally

PG&E Corp (NYSE: PCG) is 9.93% higher on its value in year-to-date trading and has touched a low of $15.94 and a high of $21.72 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 $19.42 in the last trading session, with the day’s gains setting it 0.4%.

Currently trading at $19.82, the stock is -2.67% and -3.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.55 million and changing 2.06% at the moment leaves the stock 6.18% off its SMA200. PCG registered 14.17% gain for a year compared to 6-month gain of 11.91%. The firm has a 50-day simple moving average (SMA 50) of $20.4744 and a 200-day simple moving average (SMA200) of $18.6661.

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The stock witnessed a -6.07% loss in the last 1 month and extending the period to 3 months gives it a -1.05%, and is 0.35% up 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 2.43% over the week and 2.08% over the month.

PG&E Corp (PCG) has around 28010 employees, a market worth around $44.37B and $24.83B in sales. Current P/E ratio is 15.43 and Fwd P/E is 13.30. Profit margin for the company is 11.06%. Distance from 52-week low is 24.34% and -8.75% from its 52-week high. The company has generated returns on investments over the last 12 months (3.35%).

with sales reaching $7.19B over the same period.The EPS is expected to grow by 10.93% this year, but quarterly earnings will post 0.81% year-over-year. Quarterly sales are estimated to grow 2.08% in year-over-year returns.

PG&E Corp (PCG) Top Institutional Holders

984.0 institutions hold shares in PG&E Corp (PCG), with institutional investors hold 78.65% of the company’s shares. The shares outstanding are 2.19B, and float is at 2.18B with Short Float at 1.47%. Institutions hold 76.55% 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

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PG&E Corp disclosed in a document filed with the SEC on Dec 02 ’24 that Poppe Patricia K (Chief Executive Officer) sold a total of 55,555 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $20.66 per share for $1.15 million. Following the transaction, the insider now directly holds 1.46 million shares of the PCG stock.

Still, SEC filings show that on Dec 02 ’24, Poppe Patricia K (Officer) Proposed Sale 55,555 shares at an average price of $20.66 for $1.15 million. The insider now directly holds shares of PG&E Corp (PCG).

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