FirstEnergy Testing the top of the range (NYSE:FE)

by Josh FirstEnergy Corp. ($FE) is continuing the move to the upside. FirstEnergy Corp. is up 0.78% at $38.70 on a volume of 1,754,420 shares, slightly higher than average volume into the noon hour.

FirstEnergy shares are trading along the upper edge of the price envelope and testing the top of their consolidation range today. Shares are traded in a narrow range since July, printing lower highs and higher lows. Shares are currently below the 200 day moving average which is sitting at $39.14.

52 Week Range $35.46-$46.77 Market Cap 16,184,976,112 Average Volume 2,767,263 Dividend Yield 5.73% Institutional Ownership 72.90% Insider Ownership: 0.30% Percentage of Float Short 1.90% Beta 0.19

FirstEnergy Corp. is above the 50 day moving average.

FirstEnergy Corp. FirstEnergy Corp. is a diversified energy company. It holds directly or indirectly, all of the outstanding common stock of its eight electric utility operating subsidiaries: OE, CEI, TE, Penn, ATSI, JCP&L, Met-Ed and Penelec.

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