The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Centerpoint Energy Inc’s current trading price is -2.45% away from its 52-week high, while its distance from the 52-week low is 27.15%. The stock’s price range for this period has been between $25.41 and $33.12 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 4.02 million for the day, a number notably lower than the average daily volume of 4.62 million over the last three months.
Centerpoint Energy Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $33.12 on 01/21/25, while the lowest price for the same duration was marked at $25.41 on 08/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Centerpoint Energy Inc (CNP) has experienced a quarterly rise of 9.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.06B and boasts a workforce of 12328 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 30.50, with a change in price of +4.82. Similarly, Centerpoint Energy Inc recorded 5,061,851 in trading volume during the last 100 days, posting a change of +17.53%.
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 CNP stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.87.
CNP Stock Stochastic Average
As of today, Centerpoint Energy Inc’s raw stochastic average for the last 50 days stands at 74.37%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 67.98%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 76.15% and 75.36%, respectively.
CNP Stock Price Performance Analysis
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 index has shown a price gain of 1.83% this year. Over the last six months, there has been a weaker performance of 10.05%. The price of CNP leaped by -0.25% during the last 30 days period. For the last 5-days stocks have slided -2.27%.
