NRG Energy Inc. (NYSE: NRG) on November 20, 2023, started off the session at the price of $47.86, plunging -1.64% from the previous trading day. During the day, the shares moved up to $48.03 and dropped to $46.56 before settling in for the closing price of $48.08. Within the past 52 weeks, NRG’s price has moved between $30.25 and $48.58.
It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 43.97%. The company achieved an average annual earnings per share of -1.00%. With a float of $217.82 million, this company’s outstanding shares have now reached $229.56 million.
The extent of productivity of a business whose workforce counts for 6603 workers is very important to gauge. In terms of profitability, gross margin is +6.80, operating margin of +2.88, and the pretax margin is +5.27.
NRG Energy Inc. (NRG) Insider Updates
Observing investor behavior towards Utilities – Independent Power Producers industry stocks is more important than anything else. The insider ownership of NRG Energy Inc. is 3.52%, while institutional ownership is 102.08%. The most recent insider transaction that took place on Dec 16, was worth 109,795. In this transaction Director of this company bought 3,500 shares at a rate of $31.37, taking the stock ownership to the 89,320 shares. Before that another transaction happened on Dec 16, when Company’s Director bought 2,500 for $31.32, making the entire transaction worth $78,300. This insider now owns 17,724 shares in total.
NRG Energy Inc. (NRG) Performance Highlights and Predictions
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $1.41 earnings per share (EPS) for the period falling under the consensus outlook (set at $4.04) by -$2.63. This company achieved a net margin of +3.87 while generating a return on equity of 32.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.00% per share during the next fiscal year.
NRG Energy Inc. (NYSE: NRG) Trading Performance Indicators
NRG Energy Inc. (NRG) is currently performing well based on its current performance indicators. A quick ratio of 0.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.93, a number that is poised to hit 3.61 in the next quarter and is forecasted to reach 6.96 in one year’s time.
Technical Analysis of NRG Energy Inc. (NRG)
The latest stats from [NRG Energy Inc., NRG] show that its last 5-days average volume of 4.02 million was inferior to 4.12 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.89%. Additionally, its Average True Range was 1.12.
During the past 100 days, NRG Energy Inc.’s (NRG) raw stochastic average was set at 89.80%, which indicates a significant increase from 81.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.79% in the past 14 days, which was higher than the 22.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.63, while its 200-day Moving Average is $36.66. Now, the first resistance to watch is $48.03. This is followed by the second major resistance level at $48.76. The third major resistance level sits at $49.50. If the price goes on to break the first support level at $46.56, it is likely to go to the next support level at $45.82. Assuming the price breaks the second support level, the third support level stands at $45.09.
NRG Energy Inc. (NYSE: NRG) Key Stats
Market capitalization of the company is 10.68 billion based on 225,764K outstanding shares. Right now, sales total 31,543 M and income totals 1,221 M. The company made 7,946 M in profit during its latest quarter, and 343,000 K in sales during its previous quarter.