The stock of NRG Energy Inc. (NRG) has gone up by 2.60% for the week, with a 16.68% rise in the past month and a 27.95% rise in the past quarter. The volatility ratio for the week is 2.20%, and the volatility levels for the past 30 days are 2.65% for NRG. The simple moving average for the last 20 days is 6.14% for NRG’s stock, with a simple moving average of 29.21% for the last 200 days.
Is It Worth Investing in NRG Energy Inc. (NYSE: NRG) Right Now?
compared to its average ratio and a 36-month beta value of 1.00. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for NRG Energy Inc. (NRG) is $46.63, which is -$0.67 below the current market price. The public float for NRG is 217.82M, and currently, short sellers hold a 6.02% ratio of that float. The average trading volume of NRG on November 21, 2023 was 3.24M shares.
NRG) stock’s latest price update
The stock price of NRG Energy Inc. (NYSE: NRG) has dropped by -1.64 compared to previous close of 48.08. Despite this, the company has seen a gain of 2.60% in its stock price over the last five trading days. Proactive Investors reported 2023-11-20 that NRG Energy (NYSE:NRG) Inc announced on Monday that its president and CEO Mauricio Gutierrez has left the company and resigned from its board of directors after the independent power producer reached a deal with activist investor Elliott Investment Management LP. NRG said its chairman Lawrence Coben will become interim CEO as the company initiates a search to identify a permanent replacement for Gutierrez.
Analysts’ Opinion of NRG
Many brokerage firms have already submitted their reports for NRG stocks, with UBS repeating the rating for NRG by listing it as a “Neutral.” The predicted price for NRG in the upcoming period, according to UBS is $46 based on the research report published on November 06, 2023 of the current year 2023.
NRG Trading at 14.07% from the 50-Day Moving Average
After a stumble in the market that brought NRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.65% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares surge +16.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.72% upper at present.
During the last 5 trading sessions, NRG rose by +2.60%, which changed the moving average for the period of 200-days by +37.35% in comparison to the 20-day moving average, which settled at $44.89. In addition, NRG Energy Inc. saw 48.62% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at NRG starting from HOBBY PAUL W, who purchase 3,500 shares at the price of $31.37 back on Dec 16. After this action, HOBBY PAUL W now owns 89,320 shares of NRG Energy Inc., valued at $109,795 using the latest closing price.
Donohue Elisabeth B, the Director of NRG Energy Inc., purchase 2,500 shares at $31.32 during a trade that took place back on Dec 16, which means that Donohue Elisabeth B is holding 17,724 shares at $78,300 based on the most recent closing price.
Stock Fundamentals for NRG
Current profitability levels for the company are sitting at:
- +2.88 for the present operating margin
- +6.80 for the gross margin
The net margin for NRG Energy Inc. stands at +3.87. The total capital return value is set at 7.55, while invested capital returns managed to touch 10.27. Equity return is now at value -41.14, with -5.91 for asset returns.
Based on NRG Energy Inc. (NRG), the company’s capital structure generated 216.88 points at debt to equity in total, while total debt to capital is 68.44. Total debt to assets is 28.48, with long-term debt to equity ratio resting at 213.06. Finally, the long-term debt to capital ratio is 67.24.
When we switch over and look at the enterprise to sales, we see a ratio of 0.63, with the company’s debt to enterprise value settled at 0.54. The receivables turnover for the company is 7.24 and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.
To put it simply, NRG Energy Inc. (NRG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.