Public Service Enterprise Group (PEG) Dips 3% for February 27

Equities Staff  |

Among the S&P 500’s biggest fallers on Tuesday February 27 was Public Service Enterprise Group (PEG). The stock experienced a 3% decline to $48.79 with 4 million shares changing hands.

Public Service Enterprise Group started at an opening price of 50.28 and hit a high of $50.41 and a low of $48.78. Ultimately, the stock took a hit and finished the day at $1.51 per share. Public Service Enterprise Group trades an average of 3.46 million shares a day out of a total 506.04 million shares outstanding. The current moving averages are a 50-day SMA of $50.03 and a 200-day SMA of $46.96. Public Service Enterprise Group hit a high of $53.28 and a low of $41.67 over the last year.

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

With its headquarters located in Newark, NJ, Public Service Enterprise Group employs 13,065 people. After today’s trading, the company’s market cap has fallen to $24.69 billionAs for its value, has a P/E ratio of <16.2, a P/S of 2.8, a P/B of 1.88, and a P/FCF of -58.2.

To dig deeper into the fundamentals of Public Service Enterprise Group and perform your own analysis, visit our Stock Valuation Analysis tool for PEG.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Public Service Enterprise Group 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 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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