The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. CMS Energy Corporation’s current trading price is -4.58% away from its 52-week high, while its distance from the 52-week low is 22.00%. The stock’s price range for this period has been between $49.87 and $63.76 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 3.39 million for the day, a number notably higher than the average daily volume of 2.67 million over the last three months.
CMS Energy Corporation experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $63.76 on 07/26/23, while the lowest price for the same period was registered at $49.87 on 10/03/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CMS Energy Corporation (CMS) has experienced a quarterly rise of 6.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.17B and boasts a workforce of 8356 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 58.25, with a change in price of +3.01. Similarly, CMS Energy Corporation recorded 2,529,278 in trading volume during the last 100 days, posting a change of +5.20%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CMS stands at 1.99. Similarly, the long-term debt-to-equity ratio is also 1.89.
CMS Stock Stochastic Average
CMS Energy Corporation’s raw stochastic average for the past 50 days is presently 92.83%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 92.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.13% and 82.47%, respectively.
CMS Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 4.77% this year. Over the last six months, there has been a weaker performance of 12.48%. The price of CMS fallen by 1.08% during the last 30 days period. For the last 5-days stocks have improved 0.93%.
