Consolidated
Edison, Inc. (ED) provides energy-related services and products.
Key
Information:
Fundamental:
Sector:
Utilities
Industry:
Diversified Utilities
Liquidity:
Market
Capitalization: $10.72 billion
Average daily
volume (3-month): 1.1 million shares
Closing Stock
Price: $43.69
Risk
Proxies:
52-week high /
52-week low: 1.17
Beta
(3-month): 0.44
Debt/Equity:
1.12
Profitable:
Yes
Valuation:
Price/Sales:
0.91
Price/Book:
1.46
Price/Earnings:
14.87
Price/2006
Analyst Earnings Estimates: 13.91
Technical
Analysis
ED fell nearly
10% from late January to early April. We believe that a reversal of at
least some of the decline is likely:
- After declining substantially early Tuesday, ED rose
to close near the highs of the day on very high volume.
- On Wednesday, ED followed through on Tuesday's
intra-day reversal and closed up on high volume. The fast stochastic
indicator also crossed above the slow stochastic indicator on Wednesday.
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Key
Levels
Buy:
Market
The
stochastics are bullish
Stop loss:
42.74
Below the
recent lows
Target:
47.47
Slightly below
January's highs
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