Bank of America Corp. downgraded AES Corp (NYSE:AES) to Underperform in a report released today.
- Updated: November 27, 2016
Yesterday AES Corp (NYSE:AES) traded 2.56% higher at $11.55. The company’s 50-day moving average is $11.72 and its 200-day moving average is $11.96. The last closing price is down -2.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 2,851,423 shares of the stock traded hands, down from an average trading volume of 5,660,580
Bank of America Corp. has downgraded AES Corp (NYSE:AES) to Underperform in a report released on 11/22/2016.
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AES Corp has a 52 week low of $8.22 and a 52 week high of $13.32 The company’s market cap is currently $0.
General Information About AES Corp (NYSE:AES)
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The Company is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and Caribbean (MCAC); Europe, and Asia. Within these SBUs, the Company has two lines of business: generation and utilities. Its United States SBU has over 20 generation facilities and approximately two integrated utilities in the United States. Its Andes SBU has generation facilities in over three countries: Chile, Colombia and Argentina. Its Brazil SBU has generation and distribution businesses: Eletropaulo and Tiete. Its MCAC SBU has a portfolio of distribution businesses and generation facilities, including renewable energy, in over five countries, with a total capacity of approximately 3,240 megawatt (MW) and distribution networks.
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