PG&E Corp’s recent filing unveils that its Director DENAULT LEO P acquired Company’s shares for reported $0.1 million on Mar 11 ’25. In the deal valued at $15.96 per share,6,300 shares were bought. As a result of this transaction, DENAULT LEO P now holds 6,300 shares worth roughly $0.11 million.
Then, Glickman Jason M sold 40,239 shares, generating $632,155 in total proceeds. Upon selling the shares at $15.71, the EVP, EPS at PG&E Company now owns 148,124 shares.
Before that, Glickman Jason M bought 40,239 shares. PG&E Corp shares valued at $631,954 were divested by the Officer at a price of $15.71 per share.
Guggenheim downgraded its PG&E Corp [PCG] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid February from “an Equal-weight” to “an Underweight”. BMO Capital Markets started covering the stock on January 13, 2025. It rated PCG as “an Outperform”.
Price Performance Review of PCG
On Monday, PG&E Corp [NYSE:PCG] saw its stock jump 1.97% to $17.11. Over the last five days, the stock has gained 7.54%. PG&E Corp shares have fallen nearly -15.21% since the year began. Nevertheless, the stocks have risen 4.33% over the past one year. While a 52-week high of $21.72 was reached on 01/06/25, a 52-week low of $14.99 was recorded on 02/04/25. SMA at 50 days reached $16.48, while 200 days put it at $18.60.
Levels Of Support And Resistance For PCG Stock
The 24-hour chart illustrates a support level at 16.81, which if violated will result in even more drops to 16.52. On the upside, there is a resistance level at 17.33. A further resistance level may holdings at 17.56. The Relative Strength Index (RSI) on the 14-day chart is 63.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.88%. Stochastics %K at 87.06% indicates the stock is a selling.
The most recent change occurred on October 14, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.
