AEPPZ Stock Summary and Trading Ideas (American Electric Power Company - Corporate Unit | NASDAQ:AEPPZ)

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 41% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (23%), nuclear (7%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

American Electric Power Company - Corporate Unit trades on the NASDAQ stock market under the symbol AEPPZ.

As of March 20, 2023, AEPPZ stock price climbed to $50.41 with 106,228 million shares trading.

AEPPZ has a beta of 0.42, meaning it tends to be less sensitive to market movements. AEPPZ has a correlation of 0.31 to the broad based SPY ETF.

AEPPZ has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

AEPPZ has outperformed the market in the last year with a price return of -2.1% while the SPY ETF lost -8.7%. However, in the short term, AEPPZ had mixed performance relative to the market. It has underperformed in the last 3 months, returning -0.7% vs +3.1% return in SPY. But in the last 2 weeks, AEPPZ shares have fared better than the market returning +2.0% compared to SPY -2.2%.

AEPPZ support price is $49.46 and resistance is $50.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEPPZ stock will trade within this expected range on the day.