• Return to Headlines

After Yesterday's Decline of 2.61%, Ppl Corp Offers Investors Better Value

By James Quinn

Ppl Corp (NYSE:PPL) traded in a range yesterday that spanned from a low of $30.18 to a high of $30.57. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $30.60 on volume of 2.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Ppl Corp have traded between a low of $25.30 and a high of $32.88 and are now at $30.39, which is 20% above that low price. The 200-day and 50-day moving averages have moved 0.11% higher and 0.23% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Ppl Corp and will alert subscribers who have PPL in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders ppl corp

Ticker(s): PPL