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How Macroeconomic Factors Affect NextEra Energy Inc Inc. (NEE) Price Performance

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -32.30% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -24.63%. Over the past 30 days, the price of NEE has fallen by 6.31%. And in the last five days, it has surged by 3.44%.

The current stock price for NextEra Energy Inc (NEE) is $56.60. The stock experienced a significant increase during the last trading session, reaching $57.77 after opening at $57.42. It dipped to a low of $56.58 before ultimately closing at $57.00.

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In terms of market performance, NextEra Energy Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $88.61 on 12/14/22, while the lowest value was $47.15 on 10/06/23.

52-week price history of NEE Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. NextEra Energy Inc’s current trading price is -36.12% away from its 52-week high, while its distance from the 52-week low is 20.06%. The stock’s price range for this period has been between $47.15 and $88.61. The Utilities sector company’s shares saw a trading volume of about 11.15 million for the day, which was lower than the average daily volume of 14.55 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

NextEra Energy Inc (NEE) has experienced a quarterly decline of -16.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 116.13B and boasts a workforce of 15300 employees.

Expert Opinions: Analysts’ Ratings for NextEra Energy Inc

As of right now, 15 analysts are rating NextEra Energy Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 64.46, with a change in price of -17.31. Similarly, NextEra Energy Inc recorded 12,239,424 in trading volume during the last 100 days, posting a change of -23.42%.

NEE’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for NEE stands at 1.56. Similarly, the long-term debt-to-equity ratio is also 1.26.

NEE Stock Stochastic Average

As of today, the raw stochastic average of NextEra Energy Inc over the past 50 days is 41.57%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 53.61%. Additionally, the Stochastic %K and %D values for the company were 57.87% and 51.49%, respectively, over the past 20 days.

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