Allegheny Energy

Allegheny Energy is among the world’s largest Electric Utilities sector businesses in the world. Allegheny Energy’s employees generate $315.7M in profits on $3.123B of revenue. Global output in the Electric Utilities business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Allegheny Energy is determined to remain a market leader. Sectoral leadership in the Electric Utilities segment takes dedication and consistency, but management seeks out-sized growth.

Allegheny Energy’s ticker symbol AYE has recently been trading near $52.05 a share. The Allegheny Energy corporate headquarters in Greensburg, PA predicts Electric Utilities profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $8.625B ensures sufficient liquidity. With a beta of 0.27, the company is less volatile than the market as a whole. When the average equity moves lower, Allegheny Energy moves less aggressively.