Alert on oversold position :Edison International (EIX) stock RSI moves to 17.17

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Its up 0.29, from 0.92 in 2017Q1. Finally, Vanguard Group Inc. raised its position in Consolidated Edison by 2.4% during the second quarter. 69 funds opened positions while 179 raised stakes. Finally, Deutsche Bank AG lifted their price objective on Edison International from $79.00 to $81.00 and gave the company a "hold" rating in a report on Tuesday, April 11th. Bessemer Grp Inc Inc holds 1,398 shares or 0% of its portfolio.

At the session level, shares of Edison International (NYSE:EIX) moved 0.38% from the open. Teacher Retirement Of Texas has 109,860 shares for 0.06% of their portfolio. Cap One Natl Association owns 0.06% invested in Edison International (NYSE:EIX) for 9,708 shares. Nationwide Fund Advsrs accumulated 341,739 shares or 0.11% of the stock. Trust Department Mb Financial Bank N A has 235 shares for 0% of their portfolio.

In other Edison International news, insider Ronald L. Litzinger sold 26,035 shares of the stock in a transaction dated Monday, May 15th. Caxton Associate Ltd Partnership holds 0% or 8,700 shares. With respect to block trades, money flow ended $19.42mn with tick up at $300.33mn and tick down at $280.91mn led an up /down ratio of 1.07xUtilities sector is now positive by 9.95, and is still relatively encouraging. Howe Rusling stated it has 67 shares or 0% of all its holdings. NORTHERN TRUST CORP also announced increased position in Edison International (EIX) during the quarter. Tradewinds Capital Mgmt Ltd Liability Co reported 1,200 shares. Nexus Inv Management accumulated 9,100 shares or 0.12% of the stock. Bluecrest Capital Management Ltd sold 381,267 shares as Edison Intl (EIX)'s stock rose 2.44%.

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Edison International idle assets have been reported to be under utilized resulting in drop in its contributing towards net profits, and Edison International liquidity reports low 0.5 Quick R. Five investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. Therefore 53% are positive. According to the most recent data, Edison International has a 52-week high of $83.38 and a 52-week low of $68.76. The company's stock had a trading volume of 7,682,644 shares, compared to its average volume of 1,801,063. Edison had 48 analyst reports since August 3, 2015 according to SRatingsIntel. Cornerstone Advisors has invested 0.13% in Edison International (NYSE:EIX). RBC Capital Markets has "Buy" rating and $84.0 target. Bank of America started coverage on Consolidated Edison in a research note on Tuesday, October 24th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.69 per share. However, their relatively high multiples do not necessarily mean their stocks are overpriced and not good buys for the long term.

More notable recent Edison International (NYSE:EIX) news were published by: Seekingalpha.com which released: "Edison's 13% fire-fueled selloff an overreaction, SunTrust says; others wait" on December 05, 2017, also Seekingalpha.com with their article: "Southern California Edison: Playing With Fire" published on December 06, 2017, Fool.com published: "Why Toll Brothers, Cleveland-Cliffs, and Edison International Slumped Today" on December 05, 2017. Jefferies has "Hold" rating and $8300 target. The firm earned "Outperform" rating on Friday, November 6 by Wolfe Research. Jefferies maintained Edison International (NYSE:EIX) on Friday, July 28 with "Hold" rating. The volume of the company in the last trading session was 2.26 Million. About 30,949 shares traded or 65.96% up from the average. Edison International (NYSE:EIX) has risen 12.39% since December 6, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

The focus shifting on performance of the Edison International (NYSE:EIX) that has shown a discernible change in trend levels over the path of recent market activity. The shares price has positioned -12.01% down over the past quarter while it has directed -14.46% toward a falling position throughout past six months. The low EPS estimate is $-0.02, while the high EPS estimate is $0.11. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.10. The Company is also the parent company of Edison Energy Group, Inc (Edison Energy Group), a holding company for subsidiaries engaged in pursuing competitive business opportunities across energy services and distributed solar to commercial and industrial customers. The firm has a market capitalization of $26.66 billion, a price-to-earnings ratio of 19.38 and a beta of 0.15. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources.

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