Portland General Electric Co (NYSE:POR) shares, rose in value on Friday, May 09, with the stock price up by 0.26% to the previous day’s close as strong demand from buyers drove the stock to $42.44.
Actively observing the price movement in the last trading, the stock closed the session at $42.33. The PE ratio was 14.85 over 12-month period. Referring to stock’s 52-week performance, its high was $49.85, and the low was $40.05. On the whole, POR has fluctuated by 0.38% over the past month.
With the market capitalization of Portland General Electric Co currently standing at about $4.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 4.71%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.56B, with a low estimate of 768M and a high estimate of 839.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 798.91M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that POR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.96, with the price of POR currently trading nearly -0.07% and -1.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.65, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 2.13%. Furthermore, Portland General Electric Co (POR)’s beta value is 0.60, and its average true range (ATR) is 0.90.
A comparison of Portland General Electric Co (POR) with its peers suggests the former has fared considerably weaker in the market. POR showed an intraday change of 0.26% in last session, and over the past year, it shrunk by -4.48%%.
Data on historical trading for Portland General Electric Co (NYSE:POR) indicates that the trading volumes over the past 3 months, they’ve averaged 1.18 million. According to company’s latest data on outstanding shares, there are 109.50 million shares outstanding.
Nearly 0.60% of Portland General Electric Co’s shares belong to company insiders and institutional investors own 98.99% of the company’s shares. The stock has fallen by -2.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the POR stock heading into the next quarter.
