Pinnacle West Capital PNW
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Pinnacle West Capital (PNW) Business Model and Operations Summary
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Key Insights
Pinnacle West Capital (PNW) Stock Information & Key Business Metrics
Market Cap
$10.60 BillionAverage Daily Volume
1,414,146 Shares52-Week Range
$81.47-$96.50Price-Earnings Ratio
17.76Free Cash Flow
-$718.92 MillionTotal Outstanding Shares
119.69 Million SharesCEO
Theodore N. GeislerTotal Employees
6,403Current Dividend
$0.91 Per Share QuarterlyIPO Date
June 1, 1972SIC Description
Electric ServicesHeadquarters
400 North Fifth Street, Phoenix, AZ, 85004