Exelon (EXC): Stock With Unusual Social Activity
Trade-Ideas LLC identified Exelon ( EXC) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Exelon as such a stock due to the following factors:
EXC has 12x the normal benchmarked social activity for this time of the day compared to its average of 3.03 mentions/day.
EXC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $226.1 million.
Identifying stocks with ‘Unusual Social Activity’ tends to be a valuable process for traders looking to capitalize on the ‘talk of the town’ stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn’t matter if it’s good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock’s price trend.
More details on EXC:
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, as well as wind and solar facilities. The stock currently has a dividend yield of 3.5%. EXC has a PE ratio of 14. Currently there are 4 analysts that rate Exelon a buy, no analysts rate it a sell, and 6 rate it a hold.
The average volume for Exelon has been 8.1 million shares per day over the past 30 days. Exelon has a market cap of $32.2 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.02 and a short float of 2.6% with 3.47 days to cover. Shares are up 25% year-to-date as of the close of trading on Wednesday.