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NEE’s Debt-to-Equity Ratio at 1.68: What It Means for NextEra Energy Inc’s Future

NextEra Energy Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $80.47 on 08/02/24, while the lowest price during the same period was $47.15 on 10/06/23.

52-week price history of NEE 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. NextEra Energy Inc’s current trading price is -1.58% away from its 52-week high, while its distance from the 52-week low is 67.99%. The stock’s price range for this period has remained between $47.15 and $80.47. The Utilities sector company’s shares managed to surpass a trading volume of around 13.83 million for the day, which was noticeably higher compared to the shares’ average daily volume of 11.41 million over the last three months.

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Financial Performance and Market Capitalization

NextEra Energy Inc (NEE) has experienced a quarterly rise of 15.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 162.78B and boasts a workforce of 16800 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 70.25, with a change in price of +21.33. Similarly, NextEra Energy Inc recorded 11,949,139 in trading volume during the last 100 days, posting a change of +36.86%.

NEE 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 NEE stands at 1.68. Similarly, the long-term debt-to-equity ratio is also 1.39.

NEE Stock Stochastic Average

As of today, the raw stochastic average of NextEra Energy Inc over the past 50 days is 88.26%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 86.51%. Additionally, the Stochastic %K and %D values for the company were 92.82% and 84.94%, respectively, over the past 20 days.

NEE Stock Price Performance Analysis

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. This year’s metric has recorded a Price increase of 30.39%. However, over the past six months, we’ve seen a weaker performance of 32.55%. The price of NEE fallen by 10.26% over the last 30 days. And in the last five days, it has surged by 6.65%.

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