Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -6.21%. However, over the past six months, we’ve seen a stronger performance of -9.49%. The price of ES leaped by -0.91% over the last 30 days. And in the last five days, it has fallen by -1.98%.
In terms of market performance, Eversource Energy had a fairly uneven. The highest value for the stock in the past year was $81.36 on 04/06/23, and the lowest value was recorded at $52.03 on 11/01/23.
52-week price history of ES Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Eversource Energy’s current trading price is -28.85% away from its 52-week high, while its distance from the 52-week low is 11.26%. The stock’s price range during this period has varied between$52.03 and $81.36. The Eversource Energy’s shares, which operate in the Utilities, saw a trading volume of around 3.73 million for the day, a figure considerably higher than their average daily volume of 3.13 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Eversource Energy (ES) has experienced a quarterly decline of -6.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.24B and boasts a workforce of 10171 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 57.97, with a change in price of +3.73. Similarly, Eversource Energy recorded 3,092,441 in trading volume during the last 100 days, posting a change of +6.89%.
ES’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ES stands at 1.90. Similarly, the long-term debt-to-equity ratio is also 1.70.
ES Stock Stochastic Average
Eversource Energy’s raw stochastic average for the past 50 days is presently 66.74%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 28.11%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 46.60% and 51.71%, respectively.
