Investors are talking about the latest forecast and market data for PG&E Corporation($PCG)

Market Data

In this article we will be analyzing PG&E Corporation. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $9.49 and has moved $-0.0850000000000009 from yesterday’s closing price of $9.49. The high for today is $9.59 and the low is $9.33. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for PG&E Corporation is $12.91 and the low is $8.74. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 8332674. Now that we know where PG&E Corporation stands in price and volume, let’s learn more about the future of the company.



Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. PG&E Corporation has a beta of 1.40715. Knowing all of this, we project that PG&E Corporation will have a price of $15.3 in 12-months compared to it’s current price of $9.405 ($5.895 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. PG&E Corporation has a marketcap of $18282820000.



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