A look at Clearway Energy Inc’s (CWEN) recent performance gives investors their first glimpse of hope.

A new trading day began on Tuesday, with Clearway Energy Inc (NYSE: CWEN) stock price down -1.76% from the previous day of trading, before settling in for the closing price of $26.17. CWEN’s price has ranged from $20.63 to $30.92 over the past 52 weeks.

During the last 5-year period, the sales growth of Utilities Sector giant was 6.07%. Meanwhile, its annual earnings per share averaged -13.65%. With a float of $80.57 million, this company’s outstanding shares have now reached $82.39 million.

Let’s determine the extent of company efficiency that accounts for 61 employees. In terms of profitability, gross margin is 35.99%, operating margin of 11.39%, and the pretax margin is -8.73%.

Clearway Energy Inc (CWEN) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Renewable Industry. The insider ownership of Clearway Energy Inc is 31.39%, while institutional ownership is 63.05%. The most recent insider transaction that took place on Aug 09 ’24, was worth 85,045. In this transaction Director of this company bought 3,000 shares at a rate of $28.35, taking the stock ownership to the 67,842 shares. Before that another transaction happened on Mar 28 ’24, when Company’s Director bought 196,964 for $22.86, making the entire transaction worth $4,502,833. This insider now owns 295,235 shares in total.

Clearway Energy Inc (CWEN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -13.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 7.91% growth over the previous five years of trading.

Clearway Energy Inc (NYSE: CWEN) Trading Performance Indicators

Here are Clearway Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 6.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 1.24 in one year’s time.

Technical Analysis of Clearway Energy Inc (CWEN)

Looking closely at Clearway Energy Inc (NYSE: CWEN), its last 5-days average volume was 1.0 million, which is a jump from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 6.89%. Additionally, its Average True Range was 0.58.

During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 24.49%, which indicates a significant increase from 1.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.46% in the past 14 days, which was lower than the 27.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.46, while its 200-day Moving Average is $25.69. However, in the short run, Clearway Energy Inc’s stock first resistance to watch stands at $25.99. Second resistance stands at $26.26. The third major resistance level sits at $26.43. If the price goes on to break the first support level at $25.55, it is likely to go to the next support level at $25.38. Should the price break the second support level, the third support level stands at $25.11.

Clearway Energy Inc (NYSE: CWEN) Key Stats

With a market capitalization of 3.02 billion, the company has a total of 202,144K Shares Outstanding. Currently, annual sales are 1,314 M while annual income is 79,000 K. The company’s previous quarter sales were 366,000 K while its latest quarter income was 51,000 K.