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The Significance of Moving Averages in NextEra Energy Inc Inc. (NEE) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -1.13% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.72%. Over the past 30 days, the price of NEE has leaped by -6.98%. And in the last five days, it has fallen by -1.23%.

NextEra Energy Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $86.10 on 10/03/24, while the lowest value for the same period was recorded at $53.95 on 03/04/24.

52-week price history of NEE Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. NextEra Energy Inc’s current trading price is -17.68% away from its 52-week high, while its distance from the 52-week low is 31.38%. The stock’s price range during this period has varied between$53.95 and $86.10. The NextEra Energy Inc’s shares, which operate in the Utilities, saw a trading volume of around 2.4 million for the day, a figure considerably lower than their average daily volume of 10.13 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

NextEra Energy Inc (NEE) has experienced a quarterly decline of -11.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 145.76B and boasts a workforce of 16800 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 78.72, with a change in price of -7.03. Similarly, NextEra Energy Inc recorded 9,390,585 in trading volume during the last 100 days, posting a change of -9.01%.

NEE’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 NEE stands at 1.65. Similarly, the long-term debt-to-equity ratio is also 1.32.

NEE Stock Stochastic Average

NextEra Energy Inc’s raw stochastic average for the past 50 days is presently 11.43%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 30.01% and 31.43%, respectively.

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