Dynegy Inc. (NYSE:DYN) has been downgraded to Sell in a statement by Zacks Investment Research today.
- Updated: October 12, 2016
Yesterday Dynegy Inc. (NYSE:DYN) traded -3.31% lower at $12.28. The company’s 50-day moving average is $12.82 and its 200-day moving average is $15.56. The last closing price is down -21.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,950,699 shares of the stock traded hands, up from an average trading volume of 2,739,330
Zacks Investment Research has downgraded Dynegy Inc. (NYSE:DYN) to Sell in a report released on 10/12/2016.
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Dynegy Inc. has a 52 week low of $7.20 and a 52 week high of $23.79 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $23.92 with 4 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Dynegy Inc. (NYSE:DYN)
Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.
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