NRG Energy Inc. (NRG)’s latest performance is not what we had anticipated

A new trading day began on Monday, with NRG Energy Inc. (NYSE: NRG) stock price up 1.57% from the previous day of trading, before settling in for the closing price of $72.81. NRG’s price has ranged from $30.52 to $76.54 over the past 52 weeks.

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Annual sales at Utilities sector company grew by 40.47% over the past five years. Meanwhile, its annual earnings per share averaged 2.13%. With a float of $209.88 million, this company’s outstanding shares have now reached $214.73 million.

Let’s look at the performance matrix of the company that is accounted for 18131 employees.

NRG Energy Inc. (NRG) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Independent Power Producers Industry. The insider ownership of NRG Energy Inc. is 2.26%, while institutional ownership is 101.39%. The most recent insider transaction that took place on Mar 15 ’24, was worth 2,545,600. In this transaction Exec VP, NRG Home of this company sold 40,000 shares at a rate of $63.64, taking the stock ownership to the 107,123 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Exec VP, Smart Home sold 49,092 for $62.59, making the entire transaction worth $3,072,668. This insider now owns 356,962 shares in total.

NRG Energy Inc. (NRG) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 2.13% per share during the next fiscal year.

NRG Energy Inc. (NYSE: NRG) Trading Performance Indicators

Here are NRG Energy Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 7.03 in one year’s time.

Technical Analysis of NRG Energy Inc. (NRG)

NRG Energy Inc. (NYSE: NRG) saw its 5-day average volume 2.33 million, a negative change from its year-to-date volume of 3.61 million. As of the previous 9 days, the stock’s Stochastic %D was 67.71%. Additionally, its Average True Range was 2.22.

During the past 100 days, NRG Energy Inc.’s (NRG) raw stochastic average was set at 91.17%, which indicates a significant increase from 65.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.03% in the past 14 days, which was higher than the 24.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $65.30, while its 200-day Moving Average is $49.35. Nevertheless, the first resistance level for the watch stands at $74.48 in the near term. At $75.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $75.92. If the price goes on to break the first support level at $73.04, it is likely to go to the next support level at $72.14. Assuming the price breaks the second support level, the third support level stands at $71.60.

NRG Energy Inc. (NYSE: NRG) Key Stats

With a market capitalization of 15.88 billion, the company has a total of 214,734K Shares Outstanding. Currently, annual sales are 28,823 M while annual income is -202,000 K. The company’s previous quarter sales were 6,807 M while its latest quarter income was 486,000 K.