New Lifetime High Reached: Sempra Energy (SRE)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Sempra Energy ( SRE) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Sempra Energy as such a stock due to the following factors:

  • SRE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $87.9 million.
  • SRE has traded 13,999 shares today.
  • SRE is trading at a new lifetime high.

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More details on SRE:

Sempra Energy, through its subsidiaries, operates as an energy services company. The company's San Diego Gas & Electric Company segment generates, transmits, and distributes electricity; and distributes, transmits, and stores natural gas in California. The stock currently has a dividend yield of 2.5%. SRE has a PE ratio of 24.1. Currently there are 8 analysts that rate Sempra Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Sempra Energy has been 970,300 shares per day over the past 30 days. Sempra Energy has a market cap of $26.0 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.35 and a short float of 1.3% with 3.44 days to cover. Shares are up 18.1% year-to-date as of the close of trading on Wednesday.

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