Clearway Energy Inc (NYSE: CWEN) on Tuesday, soared 2.06% from the previous trading day, before settling in for the closing price of $28.20. Within the past 52 weeks, CWEN’s price has moved between $20.63 and $30.92.
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Utilities Sector giant saw their annual sales surged by 6.07% over the last five years. The company achieved an average annual earnings per share of -16.87%. With a float of $80.57 million, this company’s outstanding shares have now reached $82.39 million.
The firm has a total of 61 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.49%, operating margin of 16.34%, and the pretax margin is -8.87%.
Clearway Energy Inc (CWEN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Renewable industry stocks is more important than anything else. The insider ownership of Clearway Energy Inc is 31.40%, while institutional ownership is 63.69%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -16.87% 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
Clearway Energy Inc (CWEN) is currently performing well based on its current performance indicators. A quick ratio of 1.49 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 3.96. Likewise, its price to free cash flow for the trailing twelve months is 12.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.57 in one year’s time.
Technical Analysis of Clearway Energy Inc (CWEN)
Analysing the last 5-days average volume posted by the [Clearway Energy Inc, CWEN], we can find that recorded value of 1.19 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 78.53%. Additionally, its Average True Range was 0.80.
During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 68.99%, which indicates a significant decrease from 96.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.13% in the past 14 days, which was higher than the 30.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.38, while its 200-day Moving Average is $25.77. Now, the first resistance to watch is $29.15. This is followed by the second major resistance level at $29.52. The third major resistance level sits at $30.19. If the price goes on to break the first support level at $28.11, it is likely to go to the next support level at $27.44. Now, if the price goes above the second support level, the third support stands at $27.07.
Clearway Energy Inc (NYSE: CWEN) Key Stats
Market capitalization of the company is 5.76 billion based on 202,144K outstanding shares. Right now, sales total 1,314 M and income totals 79,000 K. The company made 486,000 K in profit during its latest quarter, and 36,000 K in sales during its previous quarter.
