El Paso Electric Company (EE) is Trading Lower on Unusual Volume for February 03

Equities Staff |

El Paso Electric Company (EE) experienced unusually high volume on Feb. 03, as the stock lost 0.37% to a closing price of $42.61. The stock saw 597,514 shares trade hands over the course of the day on 2,386 trades. Given that the stock’s average daily volume over the last month has been 209,222 shares a day, this represents a pretty substantial spike over the norm.

El Paso Electric Company has a P/B ratio of 1.69. It also has a P/E ratio of 18.1. The stock has traded between $42.96 and $33.77 over the last 52-weeks, its 50-day SMA is now $38.23, and its 200-day SMA $36.51.

El Paso Electric Co is a public utility company. The Company is engaged in the generation, transmission and distribution of electricity in west Texas and southern New Mexico.

Headquartered in El Paso, TX, El Paso Electric Company has 1,000 employees and is currently under the leadership of CEO Mary E. Kipp.

For a complete fundamental analysis analysis of El Paso Electric Company, check out Equities.com’s Stock Valuation Analysis report for EE. 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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