Watch For Continued Gains In Shares Of Public Service Enterprise Group Inc.

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Public Service Enterprise Group Inc. PEG traded today at a new 12-month high of $69.33. This new high was reached on below average trading volume as 162,000 shares traded hands, while the average 30-day volume is approximately 2.7 million shares.

Public Service Enterprise Group Inc. defies analysts with a current price ($69.19) 0.1% above its average consensus price target of $69.14.

Over the past year, Public Service Enterprise Group Inc. has traded in a range of $58.95 to $69.33 and is now at $69.19, 17% above that low.

Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy infrastructure. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4 million customers. PSEG also operates the Long Island Power Authority system. In 2022, PSEG sold its gas and oil power plants in the Mid-Atlantic, New York, and the Northeast.

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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.