GET DAILY SIGNALSPG&E (PCG, $8.07) Shares Surge after Company Secures Bankruptcy Financing
Shares of California’s biggest utility owner, PG&E Corp, jumped more than 10% on Tuesday after the company announced that it has secured bankruptcy financing worth $5.5 billion in the form of debtor-in-possession (DIP) financing from four banks.
According to the company, four investment banks JPMorgan Chase & Co (JPM), Bank of America Merrill Lynch (BAC), Barclays Plc (BARC) and Citigroup Inc (C) are expected to help with the financing, which is expected to comprise of a $3.5 billion revolving credit facility, a $1.5 billion term loan and a $500 million delayed-draw term loan.
The U.S. power producer, which provides electricity and natural gas to nearly 16 million customers in northern and central California, was recently hit by extensive litigation, government investigations and liabilities that could potentially exceed $30 billion because of wildfires in the state.
As the company prepares to file for Chapter-11 bankruptcy protection, its bankruptcy plan has reverberated across the power industry, and has been a drag on total return in the Utilities sector. PG&E expects to file for bankruptcy on or about January 29, 2019.
PCG in upward trend: 10-day moving average broke above 50-day moving average on November 06, 2026
The 10-day moving average for PCG crossed bullishly above the 50-day moving average on November 06, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 13 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 76%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 28, 2026. You may want to consider a long position or call options on PCG as a result. In 63 of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 67%.
PCG moved above its 50-day moving average on November 09, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where PCG advanced for three days, in 188 of 315 cases, the price rose further within the following month. The odds of a continued upward trend are 60%.
The Aroon Indicator entered an Uptrend today. In 148 of 250 cases where PCG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 59%.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 73 cases where PCG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 55%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PCG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 59%.
PCG broke above its upper Bollinger Band on October 09, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 31 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.205) is normal, around the industry mean (2.019). P/E Ratio (9.331) is within average values for comparable stocks, (14.939). PCG's Projected Growth (PEG Ratio) (0.499) is slightly lower than the industry average of (1.785). Dividend Yield (0.015) settles around the average of (0.054) among similar stocks. P/S Ratio (1.159) is also within normal values, averaging (187.392).
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating fairly steady price growth. PCG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 70 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 77 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PCG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 50, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is 81 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a provider of electric energy services and transports natural gas
Industry ElectricUtilities
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