Sempra Energy (NYSE:SRE) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 12, 2016
Zacks Investment Research has downgraded Sempra Energy (NYSE:SRE) to Sell in a statement released on Wednesday October 12, 2016.
Having a price of $103.56, Sempra Energy (NYSE:SRE) traded 0.70% higher on the day. With the last close down -3.35% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Sempra Energy has recorded a 50-day average of $105.81 and a two hundred day average of $107.07. Volume of trade was down over the average, with 1,111,442 shares of SRE changing hands under the typical 1,179,570
With a total market value of $0, Sempra Energy has price-earnings ratio of 27.33 with a one year low of $86.72 and a one year high of $114.66 .
More About Sempra Energy (NYSE:SRE)
Sempra Energy is a holding company. The Company's principal operating units are San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas); Sempra International, which includes Sempra South American Utilities and Sempra Mexico segments, and Sempra U.S. Gas & Power, which includes Sempra Renewables and Sempra Natural Gas segments. Sempra Mexico segment owns and operates a natural gas-fired power plant and interests in a wind generation facility in Baja California, Mexico; natural gas distribution systems in Mexicali, Chihuahua, and the La Laguna-Durango zone in north-central Mexico; natural gas pipelines between the United States border and Baja California, Mexico and Sonora, Mexico, and the Energia Costa Azul LNG regasification terminal located in Baja California, Mexico. Sempra Mexico also owns interests in a joint venture that operates several natural gas pipelines, and propane and ethane systems in Mexico.
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