Consolidated Edison Inc. (ED) is Trading Higher on Unusual Volume for January 18

Equities Staff |

Consolidated Edison Inc. (ED) experienced unusually high volume on Jan. 18, as the stock gained 0.09% to a closing price of $67.68. The stock saw 3.84 million shares trade hands over the course of the day on 28,702 trades. Given that the stock’s average daily volume over the last month has been 2.31 million shares a day, this represents a pretty substantial spike over the norm.

Consolidated Edison Inc. has a P/B ratio of 1.52. It also has a P/E ratio of 18.2. The stock has traded between $72.25 and $56.86 over the last 52-weeks, its 50-day SMA is now $63.54, and its 200-day SMA $61.91.

Consolidated Edison Inc, through its subsidiaries, provides regulated electric and gas delivery, electricity to retail customers, energy-related products and services, and develops, owns and operates renewable and energy infrastructure projects.

Headquartered in New York, NY, Consolidated Edison Inc. has 14,601 employees and is currently under the leadership of CEO John McAvoy / Timothy P. Cawley.

For a complete fundamental analysis analysis of Consolidated Edison Inc., check out Equities.com’s Stock Valuation Analysis report for ED. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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