Electronic Arts Inc. (EA) and Consolidated Edison Inc. (ED) Offering Attractive Returns

On Nov 12, Jorgensen Blake J, COO & CFO sold 5,200 shares of Electronic Arts Inc. (NASDAQ: EA), with the average selling price of the stock being $96.06 per share. The total amount realized from this sold $499,492. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – HOAG JAY C exercised an option an extra 245 shares of this stock in a transaction that took place a day before, on Nov 01, with a share exercised an option at an average of $95.30 and a total of $23,349 was realized from this transaction. After the transaction, the Director – HOAG JAY C was left with 245 shares of the company’s stock, which is currently worth around $23348.5.

The recent price movement of EA means that it is now down by -10.35% from its 52-week high and 31.97% up against its 52-week low prices. Over the past one week, the price volatility of EA stands at 2.11% while the volatility over the past one month is 2.27%. The beta score for this stock is 0.90. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/29/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.93 earnings per share (EPS) during that period. This report was below the expectations of analysts of 1.94 by -0.01. The revenue by the firm was 1.96B for the quarter.

The shares of Electronic Arts Inc. (EA) gained by 1.60%, leading to a gain of $1.54 per share, and saw EA end the trading session at $97.54 on Thursday 11/14/19. EA started the trading session at $96.20, before reaching a daily high of $98.48. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $96.12.

The trading volume on Thursday stood at 3288509, which was below the stock’s 3-month average volume of 3.00 million shares, out of a total 290.62M shares. As the price of the stock climbed, the market valuation of the company gained to 28.77 billion.

The shares of Consolidated Edison Inc. (NYSE: ED) went down by -0.30% by the end of the recent trading session. This movement saw its price plunge to close at $87.24, which was lower than the previous closing price of $87.50. Over the past one week, the price of ED has jumped by 0.02%, while it has recorded a loss of -3.96% over the past one month. Its three-month performance saw ED gain 0.05% while its six-month performance saw it surge by 0.35%. The situation is different though over the past one year, as the stock price went up by 10.28%, while its year-to-date (YTD) price performance jumped by 14.10%. The stock price has gone up by +1.82% compared to its 90-day low, while it is down -8.14% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 1,679,125 shares, with the short-term indicators averagely rating the stock as a Hold. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,573,158 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see ED stock with a 100-Day average volume of 1,548,909 shares, giving it an average rating of Hold. A look at the general picture of all short, medium and long-term indicators leaves ED with an average rating of 8% Buy.

Several brokerage firms sent out their reports ED stock not long ago. In its report sent out on November 14, 2019, BofA/Merrill lowered its ratings on ED from a Buy to a Neutral. In an earlier report on October 25, 2019, Mizuho Upgrade the stock from a Neutral to a Buy. Evercore ISI meanwhile in its report on October 21, 2019 Upgrade its rating of the stock from a “In-line” to “In-line”.

In related news to the company’s stock, around 63.00% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1009 institutions currently hold the ED stock. In the last quarter, a 206,491,401 ED shares were in the possession of institutions. On the other hand, the company recorded 81 new institutions who bought it their stock, while 68 institutions sold their entire ED reserve. Of the current institutions investing in the stock, 407 increased their investment while 353 decreased their investment in the stock.