Follow Us

EXC Stock Heading Towards Support ; Lost 1.79% Intraday 

Share on facebook
Share on twitter
Share on linkedin

Share

EXC Stock Heading Towards Support ; Lost 1.79% Intraday 
Share on facebook
Share on twitter
Share on linkedin

Exelon Corporation (NASDAQ: EXC) Stock slipped 1.79% on the June 28 trading session. It opened trading at $40.71, dipped to $39.94, hit a high of $40.09, and closed trading at $40.09, with an intraday trading volume of 4.247 Million. 

Since the past week, EXC Stock slipped 1.11%, and since the last quarter, prices have declined by 3.21%. However, technical aspects of the stock suggest that it would be a good time to sell. 

Nevertheless, after analyzing the fundamental and technical aspects collectively, it is easy to claim that the ongoing downward movement will bounce back in the future. 

Market analysts also claim that it is the perfect time to buy and hold more and more EXC Stocks for impressive future profits. The annual price target of EXC Stock is $45.29.   

In the past 52 weeks, EXC Stock’s lowest traded price was $35.19 while its highest trading price was $47.23, with an average trading volume of 5.677 million. As per TradingView, the overall overall market capitalization of the company is $39.872 Billion.   

Source: TradingView 

Over 922.248 million Exelon Corporation Shares are free-floating, and 2.321 million shares are closely held either by the company’s financial backers or by the board members. 

Exelon Corporation (NASDAQ: EXC) Earning & Revenue  

In Q1 2023, Exelon Corporation generated 5.59% more revenue than the estimated figures. As per estimations, the company was expected to report a revenue of $5.27 billion, but it reported $5.56 billion.  

For Q2 and Q3 2023, the company’s estimated revenue is $4.32 billion and $5.14 billion, respectively. Earnings Per Share (EPS) of Exelon Corporation surged over 6% in Q1 2023. 

The total reported revenue of Q1 comprised $699.00 Million of net income, and the company’s profit margin was 12.03%. In the financial year 2022, the total reported revenue was $19.08 billion, constituting $2.17 billion net income and 11.37% of profit margin.  

The revenue-to-profit conversion of Exelon Corporation consists of 25% gross profit, 36% Ebitda, 18% Ebit, and 11% net income. Significant sources of income of the company are Commonwealth Edison Company, Pepco Holdings LLC, Peco Energy Company, Baltimore Gas & Electric Company, and several others.  

Exelon Corporation significantly predominantly conducts its operations in the United States. 

Over 1000 institutional holders hold the shares of Exelon Corporation, including Vanguard Group Inc, Blackrock inc, Bank of New York Mellon Corp, Wellington Management Group LLP, T. Rowe Price Investment Management, Inc, Deutsche Bank Ag, State Street Corp and Geode Capital Management, Inc, and many others. 

Disclaimer 

The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Leave a Reply

Your email address will not be published. Required fields are marked *

Download our App for getting faster updates at your fingertips.

en_badge_web_generic.b07819ff-300x116-1

We Recommend

Top Rated Cryptocurrency Exchange

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00