Stock price performance of Consolidated Edison Inc is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 5.26% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -3.01% . Looking at the past 52 week period, the stock price is up at 3% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Consolidated Edison Inc has a negative value of -3.84 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week
Consolidated Edison, Inc. is having a Relative Strength Index of 58.48 which indicates the stock is not yet over sold or over bought based on the technical indicators. Consolidated Edison Inc (NYSE:ED) has climbed 1.48% in the past week and advanced 0.35% in the last 4 weeks. The company has outperformed the S&P 500 by 1.36% in the past week but underperformed the index by 0.54% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Robert Muccilo (VP & Chief Accounting Officer) purchased 27 shares at 73.16 per share price.On Feb 3, 2017, Gurudatta D Nadkarni (VP, Strategic Planning) purchased 28 shares at 73.16 per share price.On Feb 3, 2017, Joseph P Oates (President & CEO, CET) purchased 8 shares at 73.16 per share price.
Consolidated Edison Last issued its quarterly earnings results on Nov 3, 2016. The company reported $1.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $1.47. The company had revenue of $3417.00 million for the quarter, compared to analysts expectations of $3227.12 million. The companys revenue was down -.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.45 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Consolidated Edison was Initiated by Credit Suisse to Underperform on Jan 25, 2017.
Consolidated Edison Inc (NYSE:ED) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.27 points or 0.36% at $74.2 with 2,302,110 shares getting traded. Post opening the session at $74.5, the shares hit an intraday low of $73.94 and an intraday high of $74.7 and the price was in this range throughout the day. The company has a market cap of $22,611 million and the number of outstanding shares has been calculated to be 304,727,520 shares. The 52-week high of Consolidated Edison Inc (NYSE:ED) is $81.88 and the 52-week low is $68.44.
Consolidated Edison, Inc. is one of the nations largest investor-owned energy companies. The company provides a wide range of energy- related products and services to its customers through regulated utility subsidiaries and competitive energy and telecommunications businesses.