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Scana Corp: New 52-Week Low Set Today (SCG)

By Amy Schwartz

Shares of Scana Corp (NYSE:SCG) traded at a new 52-week low today of $63.18. So far today approximately 146,000 shares have been exchanged, as compared to an average 30-day volume of 822,000 shares.

In the past 52 weeks, Scana Corp share prices have been bracketed by a current low of $63.18 and a high of $76.41 and are now at $63.29. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.5%.

Scana Corp has overhead space with shares priced $63.29, or 10.3% below the average consensus analyst price target of $70.56. The stock should hit resistance at its 50-day moving average (MA) of $68.12, as well as support at its 200-day MA of $60.57.

SCANA Corporation is a holding company involved in regulated electric and natural gas utility operations, telecommunications, and other energy-related businesses. The Company serves electric customers in South Carolina and natural gas customers in South Carolina, North Carolina, and Georgia. SCANA also has investments in several southeastern telecommunications companies.

SmarTrend recommended that its subscribers protect gains by selling shares of Scana Corp on June 29th, 2017 by issuing a Downtrend alert when the shares were trading at $67.63. Since that call, shares of Scana Corp have fallen 6.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows scana corp

Ticker(s): SCG