A Technical Look At 2 Stocks: Intercontinental Exchange, Inc. (ICE), Public Service Enterprise Group Incorporated (PEG)

Intercontinental Exchange, Inc. (NYSE:ICE) recorded a trading volume of 3.38 million shares, above its 90-day volume average of 2.98 million shares. The stock kicked off the session at $71.75 and later approached $70.95 with a change of -1.23%.

Intercontinental Exchange, Inc. (ICE) Analyst Opinion

Intercontinental Exchange, Inc. has a consensus outperform rating from 14 Wall Street analysts, and the number of shares currently sold short amount to at least 0.72% of shares outstanding. The stock spiked 7.11% last month and is up 25.75 this year. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover ICE having a buy-equivalent rating. Analysts have placed a $75.77 price target on Intercontinental Exchange, Inc., suggesting a 6.79% gain from recent close. It’s currently trading about -2.79% below its 52-week high.

Intercontinental Exchange, Inc. Earnings Surprise

Intercontinental Exchange, Inc. (ICE) surprised the stock market in its last reported earnings when it earned $0.73 a piece versus the consensus-estimated $0.7. Its revenue totaled $1.14 billion down -3.15% from the previous quarter.

Intercontinental Exchange, Inc. (NYSE:ICE) Intraday View

This stock (ICE) is ahead of its 52-week low with 27.16%. Its last month’s stock price volatility remained 2.29% which for the week stands at 1.66%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.47% and stays 4.52% away from its 50 days moving average. Over the last five days, shares have managed 2.31% gains and now is up 10.92% since hitting its 200-day moving average of $65.89. Intercontinental Exchange, Inc. (ICE) has made its way to a 12-month gain of 22.77%.

Turning to Public Service Enterprise Group Incorporated (NYSE:PEG), its shares were trading at $52.68 a retreat of $-0.21, on the trading floor. The stock, after opening at $52.97, touched a high of $53.05 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Public Service Enterprise Group Incorporated has 4 buy ratings, 5 holds and 0 sells even after the stock tumbled -1.13% from its high of $53.28 to a $26.48 billion market value through last close.

Public Service Enterprise Group Incorporated (PEG) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.13 to 2.07 during a month. Analysts set a 12-month price target of $51.5 a share. The target implies a -2.24% decrease from where the shares are currently trading. Also, the current price highlights a discount of 6.3% to analysts’ high consensus price target.

Public Service Enterprise Group Incorporated (NYSE:PEG) Intraday Trading

The counter witnessed a trading volume of 4.88 million shares versus an average volume of 3.06 million shares during last trading session. Its last month’s stock price volatility remained 1.45% which for the week approaches 1.23%. The lowest price the stock reached in the last trading day was $52.445 and compares with the $40.72 52-week low. The stock recovered 29.37% since its low point and has performed 20.05% year-to-date.

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