Consolidated Edison, Inc (ED) is heading in the right direction with an average volume of $1.88M

Consolidated Edison, Inc (NYSE: ED) open the trading on Wednesday, with a bit cautious approach as it glided -0.93% to $96.62, before settling in for the price of $97.53 at the close. Taking a more long-term approach, ED posted a 52-week range of $85.85-$107.75.

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The Utilities sector firm’s twelve-monthly sales growth has been 3.81% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 10.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.40%. This publicly-traded company’s shares outstanding now amounts to $346.00 million, simultaneously with a float of $345.75 million. The organization now has a market capitalization sitting at $33.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $101.43, while the 200-day Moving Average is $96.12.

Consolidated Edison, Inc (ED) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Utilities – Regulated Electric industry. Consolidated Edison, Inc’s current insider ownership accounts for 0.19%, in contrast to 69.12% institutional ownership. According to the most recent insider trade that took place on Sep 16 ’24, this organization’s VP & Controller bought 1 shares at the rate of 105.07, making the entire transaction reach 97 in total value, affecting insider ownership by 1,203. Preceding that transaction, on Jun 14 ’24, Company’s VP & Controller bought 1 for 90.27, making the whole transaction’s value amount to 96. This particular insider is now the holder of 1,184 in total.

Consolidated Edison, Inc (ED) Earnings and Revenue Records

Consolidated Edison, Inc’s EPS increase for this current 12-month fiscal period is 5.40% and is forecasted to reach 5.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.79% through the next 5 years, which can be compared against the 10.30% growth it accomplished over the previous five years trading on the market.

Consolidated Edison, Inc (NYSE: ED) Trading Performance Indicators

Let’s observe the current performance indicators for Consolidated Edison, Inc (ED). It’s Quick Ratio in the last reported quarter now stands at 0.93. The Stock has managed to achieve an average true range (ATR) of 1.65. Alongside those numbers, its PE Ratio stands at $18.18, and its Beta score is 0.35. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.23.

In the same vein, ED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.32, a figure that is expected to reach 0.95 in the next quarter, and analysts are predicting that it will be 5.62 at the market close of one year from today.

Technical Analysis of Consolidated Edison, Inc (ED)

[Consolidated Edison, Inc, ED] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.95% While, its Average True Range was 1.67.

Raw Stochastic average of Consolidated Edison, Inc (ED) in the period of the previous 100 days is set at 36.21%, which indicates a major rise in contrast to 21.19% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.42% that was higher than 17.01% volatility it exhibited in the past 100-days period.