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Shares of Pepco Holdings Rise to a New 52-Week High

By Amy Schwartz

Shares of Pepco Holdings (NYSE:POM) traded at a new 52-week high today of $27.56. So far today approximately 1.9 million shares have been exchanged, as compared to an average 30-day volume of 6 million shares.

In the past 52 weeks, Pepco Holdings share prices have been bracketed by a low of $18.04 and a high of $27.56 and are now at $27.39, 52% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.9% while the 200-day MA has risen 0.5%.

Pepco Holdings, Inc. is a diversified energy company. The Company primarily distributes, transmits, and supplies electricity and supplies natural gas to customers in New Jersey, Delaware, Maryland, and the District of Columbia.

Pepco Holdings (NYSE:POM) defies analysts with a current price ($27.39) 27.5% above its average consensus price target of $19.86. Pepco Holdings shares have support at the 50-day moving average (MA) of $21.26 and additional support at the 200-day MA of $19.69.

SmarTrend recommended that subscribers consider buying shares of Pepco Holdings on October 28th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $19.49. Since that recommendation, shares of Pepco Holdings have risen 40.1%. We continue to monitor POM for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows pepco holdings

Ticker(s): POM