The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 49.90%. However, over the past six months, we’ve seen a weaker performance of 20.45%. The price of CNP fallen by 7.76% over the last 30 days. And in the last five days, it has surged by 0.13%.
Currently, the stock price of Centerpoint Energy Inc (CNP) is $38.87. In the most recent trading session, the stock underwent a significant upswing, peaking at $44.0 after opening at $38.87. The stock touched a low of $34.0 before closing at $38.6.
In terms of market performance, Centerpoint Energy Inc had a somewhat regular.
52-week price history of CNP Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Centerpoint Energy Inc’s current trading price is -1.32% away from its 52-week high, while its distance from the 52-week low is 52.97%. The stock’s price range over this timeframe has been between $25.41 and $39.39. The shares of the Utilities sector company recorded a trading volume of approximately 4.97 million for the day, which was comparatively lower than the average daily volume of 5.63 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Centerpoint Energy Inc (CNP) has experienced a quarterly decline of -0.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.38B and boasts a workforce of 8872 employees.
Expert Opinions: Analysts’ Ratings for Centerpoint Energy Inc
As of right now, 5 analysts are rating Centerpoint Energy Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 36.98, with a change in price of +3.39. Similarly, Centerpoint Energy Inc recorded 5,789,728 in trading volume during the last 100 days, posting a change of +9.55%.
CNP’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CNP stands at 2.03. Similarly, the long-term debt-to-equity ratio is also 1.87.
CNP Stock Stochastic Average
Centerpoint Energy Inc’s raw stochastic average for the past 50 days is currently at 86.77%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 86.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.49% and 87.88%, respectively.
