Pacific Gas & Electric Co. (PCG) Rises 3.19% for March 29

Pacific Gas & Electric Co. (PCG) Rises 3.19% for March 29

Among the biggest risers on the S&P 500 on Friday March 29 was Pacific Gas & Electric Co. ($PCG), popping some 3.19% to a price of $17.80 a share with some 3.59 million shares trading hands.

Starting the day trading at $17.39, Pacific Gas & Electric Co. reached an intraday high of $17.81 and hit intraday lows of $16.96. Shares gained $0.55 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 527.56 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $5.07 to $49.42.

PG&E Corp is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.4 million gas customers in 47 of the state’s 58 counties. In 2004, PG&E sold its unregulated assets as part of its postbankruptcy reorganization.

Pacific Gas & Electric Co. has its corporate headquarters located in San Francisco, CA and employs 24,000 people. Its market cap has now risen to $9.39 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.74, and P/FCF n/a.

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