PG&E Corp. (PCG)’s latest performance is not what we had anticipated

On Friday, PG&E Corp. (NYSE: PCG) opened lower -0.11% from the last session, before settling in for the closing price of $17.48. Price fluctuations for PCG have ranged from $14.71 to $18.95 over the past 52 weeks.

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A company in the Utilities sector has jumped its sales by 7.90% annually for the last half of the decade. Company’s average yearly earnings per share was noted 10.26% at the time writing. With a float of $2.01 billion, this company’s outstanding shares have now reached $2.13 billion.

In an organization with 28010 employees, it is important to assess its efficiency.

PG&E Corp. (PCG) Insider Updates

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of PG&E Corp. is 5.90%, while institutional ownership is 91.98%. The most recent insider transaction that took place on Apr 30 ’24, was worth 1,007,720. In this transaction Chief Executive Officer of this company sold 59,000 shares at a rate of $17.08, taking the stock ownership to the 1,515,777 shares. Before that another transaction happened on Sep 12 ’23, when Company’s Director sold 10,000 for $16.90, making the entire transaction worth $169,000. This insider now owns 54,153 shares in total.

PG&E Corp. (PCG) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 10.26% per share during the next fiscal year.

PG&E Corp. (NYSE: PCG) Trading Performance Indicators

Check out the current performance indicators for PG&E Corp. (PCG). In the past quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.13, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.48 in one year’s time.

Technical Analysis of PG&E Corp. (PCG)

Let’s dig in a bit further. During the last 5-days, its volume was 16.28 million. That was better than the volume of 14.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.72%. Additionally, its Average True Range was 0.27.

During the past 100 days, PG&E Corp.’s (PCG) raw stochastic average was set at 50.50%, which indicates a significant increase from 9.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.79% in the past 14 days, which was lower than the 18.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.86, while its 200-day Moving Average is $17.08. However, in the short run, PG&E Corp.’s stock first resistance to watch stands at $17.55. Second resistance stands at $17.65. The third major resistance level sits at $17.75. If the price goes on to break the first support level at $17.36, it is likely to go to the next support level at $17.26. Assuming the price breaks the second support level, the third support level stands at $17.16.

PG&E Corp. (NYSE: PCG) Key Stats

There are currently 2,879,277K shares outstanding in the company with a market cap of 37.31 billion. Presently, the company’s annual sales total 24,428 M according to its annual income of 2,256 M. Last quarter, the company’s sales amounted to 5,861 M and its income totaled 735,000 K.