Shares of Edison International (NYSE:EIX) traded today at $58.13, breaking its 52-week high. So far today approximately 742,000 shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.
Edison International has overhead space with shares priced $58.13, or 2.8% below the average consensus analyst price target of $59.79. The stock should find initial support at its 50-day moving average (MA) of $55.82 and further support at its 200-day MA of $50.46.
In the past 52 weeks, shares of Edison International have traded between a low of $44.26 and a high of $58.13 and are now at $58.13, which is 31% above that low price. The 200-day and 50-day moving averages have moved 0.38% higher and 0.12% higher over the past week, respectively.
Edison International, through its subsidiaries, develops, acquires, owns, and operates electric power generation facilities worldwide. The Company also provides capital and financial services for energy and infrastructure projects, as well as manages and sells real estate projects. Additionally, Edison provides integrated energy services, utility outsourcing, and consumer products.