3. As of noon trading, American Electric Power ( AEP) is up $0.31 (0.7%) to $42.66 on light volume Thus far, 720,503 shares of American Electric Power exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $42.33-$42.67 after having opened the day at $42.34 as compared to the previous trading day's close of $42.35.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. It generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. American Electric Power has a market cap of $20.5 billion and is part of the utilities industry. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates American Electric Power as a buy. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full American Electric Power Ratings Report now.

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