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TECO Energy Has Returned 36.6% Since SmarTrend Recommendation (TE)

By Shiri Gupta

SmarTrend identified an Uptrend for TECO Energy (NYSE:TE) on July 16th, 2015 at $20.24. In approximately 23 months, TECO Energy has returned 36.56% as of today's recent price of $27.64.

In the past 52 weeks, shares of TECO Energy have traded between a low of $17.60 and a high of $27.83 and are now at $27.64, which is 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

TECO Energy, Inc. is a diversified, energy-related utility holding company. The Company, through various subsidiaries, provides retail electric service to customers in west central Florida, as well as purchases, distributes, and markets natural gas for residential, commercial, industrial, and electric power generation customers. Teco also has coal operations.

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

Log in and add TECO Energy (TE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights TECO Energy

Ticker(s): TE