New Lifetime High Reached By Pinnacle West Capital (PNW)

Trade-Ideas LLC identified Pinnacle West Capital ( PNW) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Pinnacle West Capital as such a stock due to the following factors:

  • PNW has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $65.1 million.
  • PNW has traded 13,413 shares today.
  • PNW is trading at a new lifetime high.

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More details on PNW:

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the State of Arizona. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources. The stock currently has a dividend yield of 3.1%. PNW has a PE ratio of 21. Currently there is 1 analyst that rates Pinnacle West Capital a buy, 2 analysts rate it a sell, and 5 rate it a hold.

The average volume for Pinnacle West Capital has been 761,500 shares per day over the past 30 days. Pinnacle West has a market cap of $9.0 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.37 and a short float of 3.1% with 4.30 days to cover. Shares are up 25.7% year-to-date as of the close of trading on Friday.

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Pinnacle West Capital (PNW) Reaches New Lifetime High Today

Pinnacle West Capital (PNW) Reaches New Lifetime High Today