Witnessing the stock’s movement on the chart, on Wednesday, NextEra Energy Partners LP (NYSE: NEP) had a quiet start as it plunged -0.42% to $19.19, before settling in for the price of $19.27 at the close. Taking a more long-term approach, NEP posted a 52-week range of $19.17-$35.15.
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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 7.45%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -8.28%. This publicly-traded company’s shares outstanding now amounts to $93.40 million, simultaneously with a float of $90.93 million. The organization now has a market capitalization sitting at $3.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.10, while the 200-day Moving Average is $27.74.
NextEra Energy Partners LP (NEP) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Utilities – Renewable industry. NextEra Energy Partners LP’s current insider ownership accounts for 2.79%, in contrast to 60.70% institutional ownership.
NextEra Energy Partners LP (NEP) Earnings and Revenue Records
NextEra Energy Partners LP’s EPS decrease for this current 12-month fiscal period is -8.28% and is forecasted to reach 2.45 in the upcoming year.
NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators
Let’s observe the current performance indicators for NextEra Energy Partners LP (NEP). It’s Quick Ratio in the last reported quarter now stands at 1.78. The Stock has managed to achieve an average true range (ATR) of 0.92. Alongside those numbers, its PE Ratio stands at $8.79, and its Beta score is 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.12. Similarly, its price to free cash flow for trailing twelve months is now 11.88.
In the same vein, NEP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.18, a figure that is expected to reach 0.71 in the next quarter, and analysts are predicting that it will be 2.45 at the market close of one year from today.
Technical Analysis of NextEra Energy Partners LP (NEP)
Going through the that latest performance of [NextEra Energy Partners LP, NEP]. Its last 5-days volume of 3.86 million indicated improvement to the volume of 1.49 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 1.21% While, its Average True Range was 0.98.
Raw Stochastic average of NextEra Energy Partners LP (NEP) in the period of the previous 100 days is set at 0.20%, which indicates a major fall in contrast to 0.38% 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 78.76% that was higher than 50.15% volatility it exhibited in the past 100-days period.
