- WEC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $69.5 million.
- WEC has traded 2.1 million shares today.
- WEC is trading at 2.45 times the normal volume for the stock at this time of day.
- WEC crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in WEC with the Ticky from Trade-Ideas. See the FREE profile for WEC NOW at Trade-Ideas More details on WEC: Wisconsin Energy Corporation, through its subsidiaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydro electric, wind, and biomass. The stock currently has a dividend yield of 3.5%. WEC has a PE ratio of 16.4. Currently there are 2 analysts that rate Wisconsin Energy a buy, no analysts rate it a sell, and 10 rate it a hold.
The average volume for Wisconsin Energy has been 1.9 million shares per day over the past 30 days. Wisconsin Energy has a market cap of $10.1 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.25 and a short float of 6.6% with 10.31 days to cover. Shares are up 9.3% year-to-date as of the close of trading on Thursday.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Wisconsin Energy as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- WISCONSIN ENERGY CORP has improved earnings per share by 11.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, WISCONSIN ENERGY CORP increased its bottom line by earning $2.51 versus $2.35 in the prior year. This year, the market expects an improvement in earnings ($2.62 versus $2.51).
- Despite its growing revenue, the company underperformed as compared with the industry average of 7.2%. Since the same quarter one year prior, revenues slightly increased by 3.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Multi-Utilities industry average. The net income increased by 11.8% when compared to the same quarter one year prior, going from $119.00 million to $133.00 million.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Multi-Utilities industry and the overall market on the basis of return on equity, WISCONSIN ENERGY CORP has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
- The stock price has risen over the past year, but, despite its earnings growth and some other positive factors, it has underperformed the S&P 500 so far. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- You can view the full Wisconsin Energy Ratings Report.