American Express Company (NYSE:AXP) is still -10.03% behind the $111.77 high touched on 2018-09-20. Even though its shares witnessed a 16.04% increase from the 52-week low price of $87.54 they recorded on 2018-02-09. The price recently went down by -$1.99 now trading at $101.58. The last few days have been rough for the stock, as its price has decreased by -5.72% during the week. It has also performed better over the past three months, as it added around 1.07% while it has so far climbed around 10.46% during the course of a year. The stock of AXP recorded 2.29% uptrend from the beginning of this year till date. The 12-month potential price target for American Express Company is set at $114.27. This target means that the stock has an upside potential to increase by 12.49% from the current trading price.
When giving their opinion, around 48.39% of Wall Street analysts, which represents 15 out of 31 rated the stock as a Buy. 14 brokerage firms of the remaining 45.16% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate AXP shares held by institutional investors represents 84.8% of total shares. 81 institutions entered new American Express Company (NYSE:AXP) positions, 532 added to their existing positions in these shares, 663 lowered their positions, and 80 exited their positions entirely.
American Express Company (AXP) trade volume has increased by 119.93% as around 6,067,533 shares were sold when compared with its 50-day average volume of traded shares which is 2,758,806. At the moment, AXP is witnessing a downtrend, as it is trading -6.3% below its 20-day SMA, -4.1% below its 50-day SMA, and 1.56% below its 200-day SMA. The company runs an ROE of roughly 16.6%, with financial analysts predicting that their earnings per share growth will be around 11.8% per annum for the next five year. This will be compared to the 8.7% increase witnessed over the past five years.
The first technical resistance point for American Express Company (NYSE:AXP) will likely come at $103.43, marking a 1.79% premium to the current level. The second resistance point is at $105.28, about 3.51% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $99.7, the lower end of the range. AXP’s 14-day MACD is -3.25 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 27.86, which shows that its stock has been oversold. The 20-day historical volatility for the stock stands at 15.91 percent, which is high when compared to that of the 50-day’s 14.2 percent.
The shares of PG&E Corporation (NYSE:PCG) has decreased by -2.16%, and now trading at $46.62 on the Wall Street in the intra-day deal, with their shares traded now around 5,819,178. This is a decline of -492,398 shares over the average 6,311,576 shares that were traded daily over the last three months. The stock that is trading at $46.62 went higher by 24.99% from its 52-week low of $37.3 that it attained back on 2018-02-09. The stock recorded a 52-week high of $69.35 nearly 365 days ago on 2017-10-12.
PCG stock has performed well over the past 30 days, as it added 1.55% while its price climbed by 3.99% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.79% over the last week. The stock’s 12-month potential target price is now at $52.36. This means that the stock price might likely increase by 12.31% from its current trading price.8 out of 16 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 50 rated it as a hold, with 0 of analysts rating it as a sell.
PG&E Corporation (NYSE:PCG) has been utilizing an ROE that is roughly 0.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 3.3% per year, following the 12.7% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -0.39% below its 20-day SMA, 2.42% above its 50-day SMA, and 6.84% above its 200-day SMA. In percentage terms, the aggregate PG&E Corporation shares held by institutional investors is 83.8%. 77 institutions jumped in to acquire PG&E Corporation (PCG) fresh stake, 291 added to their current holdings in these shares, 300 lowered their positions, and 77 left no stake in the company.
The stock’s 9-day MACD is 0.25 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 46.64, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 24.24 percent, which is less when compared to that of the 50-day’s 26.41 percent. On the daily chart, we see that the stock could reach the first level of resistance at $47.52, sporting a 1.89% premium to the current level. The next resistance point is at $48.42, representing nearly 3.72% premium to the current market price of PG&E Corporation (PCG). On the other hand, failure to breach the immediate hurdles can drag it down to $45.62, the lower end of the range.