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ERM Power, an Australian electricity retailer, was acquired by Shell Energy in 2019. Therefore, while ERM Power as a standalone entity no longer exists, its historical data can be found on Google Finance, albeit with limited real-time updates and functionality.
Searching “ERM Power” on Google Finance primarily directs you to historical stock information related to its time on the Australian Securities Exchange (ASX). You can typically find the following data:
- Historical Price Charts: These charts display the stock’s price movement over specified periods, such as daily, weekly, monthly, or yearly. You can analyze price trends, identify patterns, and observe volatility.
- Open, High, Low, Close (OHLC) Data: For each trading day (or period), Google Finance provides the opening price, the highest price reached, the lowest price reached, and the closing price.
- Volume: This indicates the number of shares traded during a particular period, offering insights into market activity and investor interest.
- Market Capitalization: This represents the total value of the company’s outstanding shares, calculated by multiplying the current stock price by the number of shares. While ERM Power is no longer publicly traded, historical market capitalization figures are still available.
- Historical News and Announcements: Google Finance may archive news articles and announcements related to ERM Power from its time as a publicly listed company. This can provide context to past stock price movements.
However, it’s crucial to understand the limitations. Since ERM Power is no longer trading on the ASX:
- Real-time Data is Unavailable: The price data is frozen at the point of acquisition by Shell Energy. You won’t find up-to-the-minute price updates.
- Limited Financial Statements: While some historical financial statements (e.g., income statements, balance sheets, cash flow statements) might be accessible, they won’t be comprehensive and will be limited to the periods before the acquisition.
- No Analyst Ratings or Price Targets: As ERM Power is no longer publicly traded, there are no current analyst ratings or price targets.
Therefore, using Google Finance for ERM Power is primarily valuable for historical analysis. Researchers, students, or those interested in understanding the company’s past performance on the ASX can benefit from the available data. For current information about Shell Energy, the acquiring company, you would need to search specifically for Shell (RDS.A or RDS.B on various exchanges) on Google Finance or other financial data platforms. Remember that the performance of Shell Energy as a whole reflects a much broader range of business activities than just the electricity retailing formerly conducted by ERM Power.
In summary, while Google Finance offers a glimpse into ERM Power’s past as a publicly traded company, it’s not a source for real-time or ongoing information. Understand the limitations and focus on using the data for historical analysis purposes.
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