PCG Stock Analysis: PG&E Shares Face Selling Pressure, Hitting Intraday Lows
Shares of PG&E Corporation (PCG) are trading in the red today, experiencing a steady decline since the market opened. As of 11:40 AM EDT, the utility stock is priced at $13.68, representing a loss of 1.65% for the session.
Today’s Stock Performance
PG&E stock opened the day at $13.83, slightly below its previous close of $13.91. After a brief period of consolidation, the stock faced significant selling pressure that pushed it down to its current level, which also marks the low of the day. The intraday high was a brief touch at $13.88.
The trading volume is currently below 7 million shares, tracking significantly lower than its daily average of over 22 million shares. This lower volume could indicate a lack of strong…
