Shares of FirstEnergy Corp. (NYSE:FE) traded today at $42.53, eclipsing its 52-week high. Approximately 816,000 shares have changed hands today, as compared to an average 30-day volume of 3.6 million shares.
FirstEnergy Corp. (NYSE:FE) is currently priced 3.0% above its average consensus analyst price target of $41.20.
In the past 52 weeks, FirstEnergy Corp. share prices are bracketed by a low of $31.00 and a high of $42.53 and is now at $42.48, 37% above that low price.
FirstEnergy is one of the largest investor-owned utilities in the United States with distribution utilities in six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation’s largest transmission systems with more than 24,500 miles of lines.
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