Pepco (NASDAQ:POM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Pepco Holdings Inc (NASDAQ:POMGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.48 and traded as high as $1.44. Pepco shares last traded at $1.40, with a volume of 97,250 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Pepco in a report on Tuesday. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Report on Pepco

Pepco Stock Performance

The firm has a 50 day simple moving average of $3.61 and a two-hundred day simple moving average of $7.25.

Pepco (NASDAQ:POMGet Free Report) last issued its earnings results on Thursday, May 14th. The utilities provider reported ($2.25) earnings per share for the quarter. The business had revenue of $16.40 million during the quarter.

About Pepco

(Get Free Report)

Pepco Holdings LLC, formerly Pepco Holdings, Inc, is a holding company. The Company, through its utility subsidiaries, is engaged in the transmission, distribution and default supply of electricity, and the distribution and supply of natural gas. The Company’s segments include Power Delivery, Pepco Energy Services, and Corporate and Other. The Company’s subsidiaries include Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL) and Atlantic City Electric Company (ACE). Pepco is engaged in the transmission, distribution and default supply of electricity.

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