A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Eversource Energy’s current trading price is -8.16% away from its 52-week high, while its distance from the 52-week low is 15.76%. The stock’s price range for this time frame has been between $54.75 and $69.01. The trading volume of the company’s shares in the Utilities reached around 3.29 million for the day, which was evidently higher than the average daily volume of 2.65 million over the last three months.
Eversource Energy’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $69.01 on 09/05/24, with the lowest value being $54.75 on 01/13/25.
How Financial Performance Impacts Market Capitalization
Eversource Energy (ES) has experienced a quarterly rise of 2.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.26B and boasts a workforce of 10680 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 61.16, with a change in price of -2.75. Similarly, Eversource Energy recorded 2,440,112 in trading volume during the last 100 days, posting a change of -4.16%.
How ES’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ES stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.74.
ES Stock Stochastic Average
Eversource Energy’s raw stochastic average for the past 50 days is currently at 97.73%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 97.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 87.41% and 80.78%, respectively.
ES Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 10.36%.However, over the last six months, we can see a stronger performance of -3.74%. Over the last 30 days, the price of ES has fallen by 8.84%. And in the last five days, it has surged by 6.13%.
