A new trading day began on Friday, with Clearway Energy Inc (NYSE: CWEN) stock price down -3.15% from the previous day of trading, before settling in for the closing price of $25.73. CWEN’s price has ranged from $20.63 to $30.92 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 7.83% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 20.18%. With a float of $81.50 million, this company’s outstanding shares have now reached $82.83 million.
In an organization with 61 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 29.61%, operating margin of 16.34%, and the pretax margin is -8.87%.
Clearway Energy Inc (CWEN) Insider Updates
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 30.61%, while institutional ownership is 62.32%. The most recent insider transaction that took place on Dec 11 ’24, was worth 53,486. In this transaction Director of this company sold 2,000 shares at a rate of $26.74, taking the stock ownership to the 8,153 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 1,000 for $27.80, making the entire transaction worth $27,795.
Clearway Energy Inc (CWEN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.18% per share during the next fiscal year.
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 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 10.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.04, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.83 in one year’s time.
Technical Analysis of Clearway Energy Inc (CWEN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.67 million. That was better than the volume of 0.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.38%. Additionally, its Average True Range was 0.68.
During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 5.81%, which indicates a significant decrease from 16.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.04% in the past 14 days, which was lower than the 29.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.38, while its 200-day Moving Average is $26.77. However, in the short run, Clearway Energy Inc’s stock first resistance to watch stands at $25.53. Second resistance stands at $26.14. The third major resistance level sits at $26.63. If the price goes on to break the first support level at $24.43, it is likely to go to the next support level at $23.94. Assuming the price breaks the second support level, the third support level stands at $23.33.
Clearway Energy Inc (NYSE: CWEN) Key Stats
With a market capitalization of 4.99 billion, the company has a total of 202,146K Shares Outstanding. Currently, annual sales are 1,314 M while annual income is 79,000 K. The company’s previous quarter sales were 486,000 K while its latest quarter income was 36,000 K.
