Shares of Portland General Electric Co (NYSE:POR) traded today at $54.06, eclipsing its 52-week high. This new high was reached on below average trading volume as 81,000 shares traded hands, while the average 30-day volume is approximately 537,000 shares.
In the past 52 weeks, shares of Portland General Electric Co have traded between a low of $43.24 and a high of $54.06 and is now at $53.94, which is 25% above that low price.
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 917,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.5 gigawatts of gas, coal, wind, and hydro generation.
Based on a current price of $53.94, Portland General Electric Co is currently 0.8% above its average consensus analyst price target of $53.51.
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