NRG Energy Inc (NYSE:NRG) shares, rose in value, with the stock price down by -1.02% to the previous day’s close as strong demand from buyers drove the stock to $154.47.
Actively observing the price movement in the last trading, the stock closed the session at $156.06. The PE ratio was 24.33 over 12-month period. Referring to stock’s 52-week performance, its high was $161.78, and the low was $65.11. On the whole, NRG has fluctuated by 41.03% over the past month.
With the market capitalization of NRG Energy Inc currently standing at about $30.20 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.70, with its dividend yield at 1.10%.
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 1.98, with the price of NRG currently trading nearly 8.22% and 33.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.18, while the 7-day volatility ratio is showing 1.19% which for the 30-day chart, stands at 5.38%. Furthermore, NRG Energy Inc (NRG)’s beta value is 1.12, and its average true range (ATR) is 5.45.
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 -1.02% in last session, and over the past year, it grew by 79.62%%.
Data on historical trading for NRG Energy Inc (NYSE:NRG) indicates that the trading volumes over the past 3 months, they’ve averaged 3.35 million. According to company’s latest data on outstanding shares, there are 196.46 million shares outstanding.
Nearly 1.80% of NRG Energy Inc’s shares belong to company insiders and institutional investors own 97.94% of the company’s shares. The stock has risen by 71.21% 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.
