PG&E (NYSE:PCG) downgraded to Sector Perform from Outperform at RBC Capital. The stock closed yesterday at $40.86 on volume of 8,755,300 shares, above the average daily volume of 3,033,477.

In the past 52-weeks, shares of PG&E have traded between a low of $37.57 and a high of $48.63 and are now at $40.86, which is 8.8% above that low price.

PG&E is currently below its 50-day moving average (MA) of $42.13 and below its 200-day MA of $43.41. In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has slid 0.24%.

PG&E Corporation is a holding company that holds interests in energy based businesses. The Company's holdings include a public utility operating in northern and central California that provides electricity and natural gas distribution, electricity generation, procurement, and transmission, and natural gas procurement, transportation, and storage.