Pacific Gas and Electric Trading Volume Plummets 49.71% to 450th Position Despite Stock Price Rise

Generated by AI AgentAinvest Market Brief
Friday, Apr 11, 2025 7:30 pm ET1min read

On April 11, 2025, Pacific Gas and Electric (PCG) saw a significant drop in trading volume, with a total of $229 million in shares traded, marking a 49.71% decrease from the previous day. This decline placed

at the 450th position in terms of trading volume for the day. Despite the drop in volume, PCG's stock price rose by 2.73%.

Analysts anticipate that PCG will report a profit of $1.50 per share for fiscal 2025, reflecting a 10.3% increase from the $1.36 per share reported in fiscal 2024. This growth in earnings per share (EPS) is expected to continue, with an 8.7% increase projected for the coming year.

PG&E reported earnings per share (EPS) of $0.31 for the quarter, meeting the consensus estimate. The company also had a return on equity of 10.94%.

PG&E is also focusing on advancing affordability through new demand for electricity, with expectations that demand will double by 2040, driven by new data centers and other factors.

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