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Shares of EE Up 14.8% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for El Paso Electric (NYSE:EE) on February 5th, 2019 at $52.16. In approximately 3 months, El Paso Electric has returned 14.76% as of today's recent price of $59.86.

In the past 52 weeks, shares of El Paso Electric have traded between a low of $47.99 and a high of $64.35 and are now at $59.86, which is 25% above that low price. The 200-day and 50-day moving averages have moved 0.04% lower and 0.20% higher over the past week, respectively.

El Paso Electric Company generates, distributes, and transmits electricity in West Texas and southern New Mexico. The Company also serves wholesale customers in Texas, New Mexico, California, and Mexico. El Paso Electric owns or has partial ownership interests in electrical generating facilities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of El Paso Electric shares.

Log in and add El Paso Electric (EE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights el paso electric

Ticker(s): EE