On Friday, Clearway Energy Inc (NYSE: CWEN) opened lower -8.83% from the last session, before settling in for the closing price of $30.79. Price fluctuations for CWEN have ranged from $21.72 to $31.09 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 7.74%. Company’s average yearly earnings per share was noted 7.77% at the time writing. With a float of $81.48 million, this company’s outstanding shares have now reached $82.83 million.
Considering the fact that the conglomerate employs 60 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.26%, operating margin of 15.22%, and the pretax margin is -2.29%.
Clearway Energy Inc (CWEN) Insider Activity
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Clearway Energy Inc is 30.63%, while institutional ownership is 62.87%. 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) Earnings and Forecasts
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 7.77% per share during the next fiscal year.
Clearway Energy Inc (NYSE: CWEN) Trading Performance Indicators
Check out the current performance indicators for Clearway Energy Inc (CWEN). In the past quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.74. Likewise, its price to free cash flow for the trailing twelve months is 11.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.75, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach 1.12 in one year’s time.
Technical Analysis of Clearway Energy Inc (CWEN)
Compared to the last year’s volume of 0.96 million, its volume of 1.14 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.49%. Additionally, its Average True Range was 0.82.
During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 54.86%, which indicates a significant increase from 9.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.39% in the past 14 days, which was higher than the 28.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.83, while its 200-day Moving Average is $27.48. Nevertheless, the first resistance level for the watch stands at $29.66 in the near term. At $31.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.21. If the price goes on to break the first support level at $27.11, it is likely to go to the next support level at $26.16. Should the price break the second support level, the third support level stands at $24.57.
Clearway Energy Inc (NYSE: CWEN) Key Stats
There are currently 202,148K shares outstanding in the company with a market cap of 5.61 billion. Presently, the company’s annual sales total 1,371 M according to its annual income of 88,000 K. Last quarter, the company’s sales amounted to 256,000 K and its income totaled 3,000 K.
