As on Wednesday, Clearway Energy Inc (NYSE: CWEN) got off with the flyer as it spiked 1.70% to $30.47, before settling in for the price of $29.96 at the close. Taking a more long-term approach, CWEN posted a 52-week range of $18.59-$30.35.
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In the past 5-years timespan, the Utilities sector firm’s annual sales growth was 6.07%. Meanwhile, its Annual Earning per share during the time was 7.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 16.16%. This publicly-traded company’s shares outstanding now amounts to $82.39 million, simultaneously with a float of $80.54 million. The organization now has a market capitalization sitting at $3.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.08, while the 200-day Moving Average is $25.51.
Clearway Energy Inc (CWEN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Renewable industry. Clearway Energy Inc’s current insider ownership accounts for 31.43%, in contrast to 63.60% institutional ownership. According to the most recent insider trade that took place on Aug 09 ’24, this organization’s Director bought 3,000 shares at the rate of 28.35, making the entire transaction reach 85,045 in total value, affecting insider ownership by 67,842. Preceding that transaction, on Mar 28 ’24, Company’s Director bought 196,964 for 22.86, making the whole transaction’s value amount to 4,502,833. This particular insider is now the holder of 295,235 in total.
Clearway Energy Inc (CWEN) Earnings and Revenue Records
Clearway Energy Inc’s EPS increase for this current 12-month fiscal period is 16.16% and is forecasted to reach 1.23 in the upcoming year.
Clearway Energy Inc (NYSE: CWEN) Trading Performance Indicators
Let’s observe the current performance indicators for Clearway Energy Inc (CWEN). It’s Quick Ratio in the last reported quarter now stands at 1.37. The Stock has managed to achieve an average true range (ATR) of 0.60. Alongside those numbers, its PE Ratio stands at $39.61, and its Beta score is 0.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.42. Similarly, its price to free cash flow for trailing twelve months is now 7.70.
In the same vein, CWEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.77, a figure that is expected to reach 0.53 in the next quarter, and analysts are predicting that it will be 1.23 at the market close of one year from today.
Technical Analysis of Clearway Energy Inc (CWEN)
Through scrutinizing the latest numbers posted by the [Clearway Energy Inc, CWEN], it can be observed that its last 5-days Average volume of 0.91 million was better the volume of 0.85 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 91.10% While, its Average True Range was 0.58.
Raw Stochastic average of Clearway Energy Inc (CWEN) in the period of the previous 100 days is set at 98.33%, which indicates a major rise in contrast to 96.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.09% that was lower than 30.45% volatility it exhibited in the past 100-days period.
