Exelon Corporation (EXC) Moves Lower on Volume Spike for February 08

Equities Staff  |

Exelon Corporation (EXC) traded on unusually high volume on Feb. 08, as the stock lost 0.47% to close at $35.98. On the day, Exelon Corporation saw 11.31 million shares trade hands on 61,669 trades. Considering that the stock averages only a daily volume of 6.48 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $42.67 and $33.30 over the last 52-weeks, its 50-day SMA is now $39.35, and its 200-day SMA $37.65. Exelon Corporation has a P/B ratio of 1.23. It also has a P/E ratio of 16.2.

Exelon Corp is one of the largest power retailer engaged in the utilities sector of United States. The company involves in the power generation and transmission activities.

Headquartered in Chicago, IL, Exelon Corporation has 34,396 employees and is currently under the leadership of CEO Christopher M. Crane.

For a complete fundamental analysis analysis of Exelon Corporation, check out Equities.com’s Stock Valuation Analysis report for EXC.

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To get more information on Exelon Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: EXC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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