Zacks Investment Research upgraded Vectren Corp (NYSE:VVC) to Hold in a report released today.
- Updated: September 20, 2016
Displaying a price of $49.91, Vectren Corp (NYSE:VVC) traded 0.54% higher on the day. With the last stock price down 0.33% from the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same time period. VVC has been tracking to a 50-day moving average of $49.92 and 200-day moving average of $50.16. Volume of trade was was down over the average, with 96,151 shares of VVC changing hands under the typical 371,447 shares.
Zacks Investment Research has upgraded Vectren Corp(NYSE:VVC) to Hold in a report released Tuesday September 20 2016.
Recent Performance Graphic:
With a total market value of $0.0, Vectren Corp has a price-earnings of 23 with a one-year low of $39.43 and a 52 week high of $53.33.
Brief Synopsis About Vectren Corp (NYSE:VVC)
Vectren Corporation (Vectren) is an energy holding Company. The Company segregates its operations into groups, including the Utility Group, the Nonutility Group, and Corporate and Other. The Company’s subsidiary, Vectren Utility Holdings, Inc. (Utility Holdings or VUHI), serves as the intermediate holding company for three public utilities: Indiana Gas Company, Inc. (Indiana Gas), Southern Indiana Gas and Electric Company (SIGECO) and Vectren Energy Delivery of Ohio, Inc. (VEDO). The Company, through Vectren Enterprises Inc. (Enterprises), is involved in non-utility activities in two primary business areas: Infrastructure Services and Energy Services. Infrastructure Services provides underground pipeline construction and repair services. Energy Services provides energy performance contracting and sustainable infrastructure, such as renewables, distributed generation, and and combined heat and power projects.
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