SCANA Corporation (SCG) Offering Possible 14.94% Return Over the Next 15 Calendar Days

SCANA Corporation's most recent trend suggests a bearish bias. One trading opportunity on SCANA Corporation is a Bear Call Spread using a strike $40.00 short call and a strike $50.00 long call offers a potential 14.94% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $8.70 would be incurred if the stock rose above the $50.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for SCANA Corporation is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for SCANA Corporation is bearish.

The RSI indicator is at 36.38 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for SCANA Corporation

Inside the Top XLU Utilities’ Recent Performances
Tue, 02 Jan 2018 16:55:26 +0000
In 2017, the Utilities Select Sector SPDR ETF (XLU) gained only ~8%, while the SPDR S&P 500 (SPX-INDEX) (SPY) rose almost 20%.

SCANA Requests to Pull Out COLs for VC Summer Station Units
Tue, 02 Jan 2018 13:49:01 +0000
SCANA's (SCG) principal subsidiary files requests to pull out COLs for VC Summer Station Units 2 & 3.

SCE&G Files Formal Request with the Nuclear Regulatory Commission to Withdraw COLs for VCS Units 2 & 3
Thu, 28 Dec 2017 19:00:00 +0000
CAYCE, S.C. , Dec. 28, 2017 /PRNewswire/ — South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (SCANA) (NYSE: SCG), has filed a formal request with the Nuclear Regulatory …

Why SCANA Stock Offers Decent Upside Potential
Thu, 28 Dec 2017 16:35:02 +0000
According to Wall Street analysts, SCANA Corporation (SCG) stock has an expected upside of nearly 22% in a year. It has a mean price target of $47.44 against its current market price of $39.0.

SCG: Analyzing SCANA’s Current Valuation
Thu, 28 Dec 2017 15:05:03 +0000
SCANA (SCG) stock is currently trading at a significant discount relative to peers. On December 22, it was trading at an EV-to-EBITDA valuation multiple below 8x.

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