The market performance of Centerpoint Energy Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $31.57 on 06/21/24, with the lowest value for the same timeframe being $25.42, recorded on 10/03/23.
52-week price history of CNP Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Centerpoint Energy Inc.’s current trading price is -3.91% away from its 52-week high, while its distance from the 52-week low is 19.32%. The stock’s price range for this period has remained between $25.42 and $31.57. The Utilities sector company’s shares managed to surpass a trading volume of around 1.49 million for the day, which was noticeably lower compared to the shares’ average daily volume of 4.77 million over the last three months.
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Financial Performance and Market Capitalization
Centerpoint Energy Inc. (CNP) has experienced a quarterly rise of 7.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.40B and boasts a workforce of 12328 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.99, with a change in price of +2.90. Similarly, Centerpoint Energy Inc. recorded 4,564,995 in trading volume during the last 100 days, posting a change of +10.57%.
CNP Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CNP stands at 1.97. Similarly, the long-term debt-to-equity ratio is also 1.81.
CNP Stock Stochastic Average
As of today, the raw stochastic average of Centerpoint Energy Inc. over the last 50 days is at 61.59%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 27.99%. Further, the company’s Stochastic %K and %D values for the last 20 days were 34.79% and 46.74%, respectively.
CNP Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 6.16%. However, over the last six months, the performance has been weaker by 4.55%. The price of CNP decreased -1.37% over the last 30 days. And in the last five days, it has fallen by -0.56%.
