$MER Bid for contract on LNG results coming soonOn the fundamental side of the business. With the results of MER's bid for the Singapore LNG coming out soon, this will result in additional revenue and earnings for the company.
On the TA side.
stock price may experience a quick upmove, but will eventually revert back, as it needs more time to dig
Manila Electric Co. (MERALCO)
No trades
1.52 USD
800.45 M USD
8.21 B USD
About Manila Electric Co.
Sector
Industry
CEO
Manuel Velez Pangilinan
Website
Headquarters
Pasig
Founded
1903
IPO date
Jan 8, 1992
Identifiers
3
ISIN US5632457033
Manila Electric Co. engages in the generation and distribution of electricity. It operates through the following segments: Power and Other Services. The Power segment includes electricity distribution, power generation, and retail electricity supply. The Services and Others segment is involved primarily in electricity-related services such as electro-mechanical engineering, construction, consulting, and related manpower as well as light rail-related maintenance services, electronic transaction and bills collection, insurance and electronic business development and energy systems management. The company was founded in 1903 and is headquartered in Pasig, Philippines.
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Summarizing what the indicators are suggesting.
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.

