Public Service Enterprise Group Incorporated (PEG) Moves Higher on Volume Spike for June 15

Equities Staff  |

Public Service Enterprise Group Incorporated (PEG) traded on unusually high volume on Jun. 15, as the stock gained 0.59% to close at $52.53. On the day, Public Service Enterprise Group Incorporated saw 4.29 million shares trade hands on 16,865 trades. Considering that the stock averages only a daily volume of 2.64 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 $53.33 and $41.67 over the last 52-weeks, its 50-day SMA is now $50.61, and its 200-day SMA $48.76. Public Service Enterprise Group Incorporated has a P/B ratio of 1.88. It also has a P/E ratio of 13.1.

Public Service Enterprise Group Inc operates in the utilities sector. Its primary business involves the production and transmission of power.

Headquartered in Newark, NJ, Public Service Enterprise Group Incorporated has 12,945 employees and is currently under the leadership of CEO Ralph Izzo.

For a complete fundamental analysis analysis of Public Service Enterprise Group Incorporated, check out’s Stock Valuation Analysis report for PEG.

Still paying commissions on stock trades? now offers 100% commission free stock trading and flat-fee options trading for $89.95/month! Get started today by

To get more information on Public Service Enterprise Group Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: PEG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change





















Blockchain in Fintech - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Financial Market Infrastructure