NRG Energy Inc (NYSE:NRG) shares, rose in value on Wednesday, January 22, with the stock price down by -1.08% to the previous day’s close as strong demand from buyers drove the stock to $110.35.
Actively observing the price movement in the last trading, the stock closed the session at $111.55, falling within a range of $109.5301 and $115.33. The value of beta (5-year monthly) was 1.088 whereas the PE ratio was 26.72 over 12-month period. Referring to stock’s 52-week performance, its high was $112.79, and the low was $51.26. On the whole, NRG has fluctuated by 24.25% over the past month.
With the market capitalization of NRG Energy Inc currently standing at about $22.35 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.63, with its dividend yield at 1.48%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NRG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.37, with the price of NRG currently trading nearly 12.55% and 14.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.60, while the 7-day volatility ratio is showing 3.74% which for the 30-day chart, stands at 3.65%. Furthermore, NRG Energy Inc (NRG)’s beta value is 1.15, and its average true range (ATR) is 4.06.
A comparison of NRG Energy Inc (NRG) with its peers suggests the former has fared considerably weaker in the market. NRG showed an intraday change of -1.08% in last session, and over the past year, it grew by 110.11%%.
Data on historical trading for NRG Energy Inc (NYSE:NRG) indicates that the trading volumes over the past 10 days have averaged 3.3 and over the past 3 months, they’ve averaged 2.77 million. According to company’s latest data on outstanding shares, there are 204.93 million shares outstanding.
Nearly 2.21% of NRG Energy Inc’s shares belong to company insiders and institutional investors own 99.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.21 million shares as on 2024-12-31, resulting in a short ratio of 4.6. According to the data, the short interest in NRG Energy Inc (NRG) stood at 738.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 9.57 million. The stock has risen by 22.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NRG stock heading into the next quarter.
