PCG
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PG&E Corporation (PCG) closed at $17.32 as of 2026-03-20, trading 6.7% above its 200-week moving average of $16.23. The stock is currently moving closer to the line, down from 12.0% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.77 ratio) is neutral — neither side is clearly dominating.
Over the past 2759 weeks of data, PCG has crossed below its 200-week moving average 30 times. On average, these episodes lasted 25 weeks. Historically, investors who bought PCG at the start of these episodes saw an average one-year return of +7.9%.
With a market cap of $38.1 billion, PCG is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 8.2%. The stock trades at 1.2x book value.
Share count has increased 10.6% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in PCG would have grown to $135, compared to $2683 for the S&P 500. PCG has returned 0.9% annualized vs 10.4% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PCG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PCG Crosses Below the Line?
Across 22 historical episodes, buying PCG when it crossed below its 200-week moving average produced an average return of +7.7% after 12 months (median +13.0%), compared to +11.2% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +14.2% vs +28.9% for the index.
Each line shows $100 invested at the moment PCG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PCG has crossed below its 200-week MA 30 times with an average 1-year return of +7.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1973 | Jun 1973 | 4 | 1.6% | -15.4% | +1712.9% |
| Jun 1973 | Feb 1975 | 85 | 27.2% | -21.8% | +1762.1% |
| Feb 1975 | Oct 1975 | 33 | 17.3% | +1.4% | +1933.5% |
| Dec 1975 | Dec 1975 | 3 | 3.9% | +24.0% | +1926.1% |
| Feb 1976 | Mar 1976 | 1 | 0.1% | +26.5% | +1904.8% |
| Dec 1987 | Jan 1988 | 5 | 4.4% | +23.4% | +304.1% |
| Mar 1988 | Jul 1988 | 20 | 14.8% | +22.5% | +299.1% |
| Aug 1988 | Aug 1988 | 2 | 2.9% | +40.6% | +273.1% |
| Apr 1994 | Apr 1995 | 51 | 18.7% | +9.9% | +57.9% |
| Feb 1996 | Mar 1997 | 56 | 19.3% | -6.2% | +41.7% |
| Mar 1997 | Apr 1997 | 1 | 0.7% | +49.3% | +45.8% |
| Apr 1997 | Apr 1997 | 1 | 0.0% | +45.1% | +45.0% |
| May 1997 | May 1997 | 1 | 1.4% | +42.4% | +47.4% |
| Oct 1999 | Apr 2000 | 29 | 19.9% | +2.8% | +19.5% |
| Jun 2000 | Jul 2000 | 1 | 1.3% | -53.4% | +18.0% |
| Sep 2000 | Oct 2000 | 2 | 4.1% | -36.3% | +18.9% |
| Dec 2000 | Apr 2002 | 70 | 73.6% | -17.6% | +22.2% |
| May 2002 | Jun 2003 | 57 | 60.0% | -19.9% | +37.1% |
| Mar 2008 | Mar 2008 | 3 | 2.8% | +1.5% | -31.1% |
| Jul 2008 | Aug 2008 | 3 | 2.9% | +4.2% | -33.5% |
| Sep 2008 | Dec 2008 | 12 | 22.0% | +12.4% | -34.6% |
| Jan 2009 | Jan 2009 | 2 | 1.5% | +24.7% | -34.6% |
| Feb 2009 | Mar 2009 | 5 | 8.5% | +13.0% | -35.0% |
| Mar 2009 | Jul 2009 | 16 | 8.6% | +18.5% | -34.6% |
| Nov 2011 | Dec 2011 | 3 | 3.2% | +12.6% | -41.1% |
| Dec 2013 | Jan 2014 | 1 | 0.6% | +38.8% | -49.7% |
| Dec 2017 | Sep 2022 | 247 | 89.1% | -51.0% | -67.0% |
| Sep 2022 | Oct 2022 | 1 | 0.1% | +29.0% | +40.2% |
| Jun 2025 | Sep 2025 | 16 | 13.6% | N/A | +27.8% |
| Nov 2025 | Feb 2026 | 11 | 6.6% | N/A | +10.9% |
| Average | 25 | — | +7.9% | — |
Frequently Asked Questions
Is PCG below its 200-week moving average?
No. PG&E Corporation (PCG) is currently 6.7% above its 200-week moving average of $16.23. It would need to fall to $16.23 to cross below the line.
What is PCG's 200-week moving average price?
PG&E Corporation's 200-week moving average is $16.23 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PCG drops below its 200-week moving average?
PCG has crossed below its 200-week moving average 30 times in our data. On average, buying at that moment produced a one-year return of +7.9%. These dips have historically been decent entry points. These episodes lasted 25 weeks on average.
Is PCG a good value right now?
Here's what our data says about PCG as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 64. Free cash flow is currently negative. Return on equity is 8.2%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does PCG compare to the S&P 500?
Over the past 33.2 years, $100 invested in PCG would have grown to $135, compared to $2683 for the S&P 500. That's 0.9% annualized vs 10.4% for the index. PCG has underperformed the broader market over this period.
Does PCG pay a dividend?
Yes. PG&E Corporation currently pays a dividend yield of 115.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20