Clearway Energy Inc (NYSE: CWEN) on Tuesday, soared 3.18% from the previous trading day, before settling in for the closing price of $27.35. Within the past 52 weeks, CWEN’s price has moved between $22.61 and $31.09.
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Annual sales at Utilities sector company grew by 7.74% over the past five years. The company achieved an average annual earnings per share of 7.77%. With a float of $81.46 million, this company’s outstanding shares have now reached $82.83 million.
Let’s look at the performance matrix of the company that is accounted for 60 employees. 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 and Institutional Ownership
Observing investor behavior towards Utilities – Renewable industry stocks is more important than anything else. The insider ownership of Clearway Energy Inc is 30.64%, while institutional ownership is 62.77%. 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) Latest Financial update
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
Clearway Energy Inc (CWEN) is currently performing well based on its current performance indicators. A quick ratio of 1.40 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 3.77. Likewise, its price to free cash flow for the trailing twelve months is 11.68.
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)
Clearway Energy Inc (NYSE: CWEN) saw its 5-day average volume 0.91 million, a negative change from its year-to-date volume of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 66.94%. Additionally, its Average True Range was 1.06.
During the past 100 days, Clearway Energy Inc’s (CWEN) raw stochastic average was set at 57.10%, which indicates a significant increase from 47.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.13% in the past 14 days, which was higher than the 32.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.33, while its 200-day Moving Average is $27.63. Nevertheless, the first resistance level for the watch stands at $28.51 in the near term. At $28.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.22. If the price goes on to break the first support level at $27.79, it is likely to go to the next support level at $27.36. The third support level lies at $27.08 if the price breaches the second support level.
Clearway Energy Inc (NYSE: CWEN) Key Stats
Market capitalization of the company is 5.64 billion based on 202,148K outstanding shares. Right now, sales total 1,371 M and income totals 88,000 K. The company made 256,000 K in profit during its latest quarter, and 3,000 K in sales during its previous quarter.
