Let’s look at the key reasons that are pushing Clearway Energy Inc (CWEN) to new highs

Clearway Energy Inc (NYSE: CWEN) kicked off on Tuesday, up 0.50% from the previous trading day, before settling in for the closing price of $25.83. Over the past 52 weeks, CWEN has traded in a range of $20.63-$30.92.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 7.83%. While this was happening, its average annual earnings per share was recorded 20.55%. With a float of $81.50 million, this company’s outstanding shares have now reached $82.83 million.

Considering the fact that the conglomerate employs 61 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of Clearway Energy Inc is 30.61%, while institutional ownership is 62.72%. 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) Recent Fiscal highlights

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 20.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.30% 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

Take a look at Clearway Energy Inc’s (CWEN) current performance indicators. Last quarter, 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 3.57. Likewise, its price to free cash flow for the trailing twelve months is 10.87.

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 0.97 in one year’s time.

Technical Analysis of Clearway Energy Inc (CWEN)

Compared to the last year’s volume of 0.75 million, its volume of 0.73 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.48%. Additionally, its Average True Range was 0.75.

During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 23.93%, which indicates a significant decrease from 68.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.55% in the past 14 days, which was higher than the 31.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.77, while its 200-day Moving Average is $26.98. Nevertheless, the first resistance level for the watch stands at $26.32 in the near term. At $26.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.19. If the price goes on to break the first support level at $25.45, it is likely to go to the next support level at $24.94. Now, if the price goes above the second support level, the third support stands at $24.58.

Clearway Energy Inc (NYSE: CWEN) Key Stats

The company with the Market Capitalisation of 5.20 billion has total of 202,146K Shares Outstanding. Its annual sales at the moment are 1,314 M in contrast with the sum of 79,000 K annual income. Company’s last quarter sales were recorded 486,000 K and last quarter income was 36,000 K.