CenterPoint Energy (CNP) : During the past 4 weeks, traders have been relatively bearish on CenterPoint Energy (CNP), hence the stock is down -7.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.63% relative to the S&P 500. The 4-week change in the price of the stock is -5.15% and the stock has fallen -5.23% in the past 1 week.
CenterPoint Energy (NYSE:CNP): The stock opened at $23.60 on Friday but the bulls could not build on the opening and the stock topped out at $23.60 for the day. The stock traded down to $22.18 during the day, due to lack of any buying support eventually closed down at $22.67 with a loss of -3.94% for the day. The stock had closed at $23.60 on the previous day. The total traded volume was 12,014,626 shares.
The stock has recorded a 20-day Moving Average of 5.28% and the 50-Day Moving Average is 3.5%. CenterPoint Energy, Inc. is up 6.05% in the last 3-month period. Year-to-Date the stock performance stands at 26.71%.
CenterPoint Energy (CNP) : The consensus price target for CenterPoint Energy (CNP) is $24.3 for the short term with a standard deviation of $1.64. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $23.
CenterPoint Energy, Inc. is a public utility holding company. The companys segments include: Electric Transmission & Distribution, Natural Gas Distribution, Energy Services, Midstream Investments and Other Operations. Electric Transmission & Distribution provides electric transmission and distribution services to retail electric providers. Natural Gas Distribution offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial, industrial and institutional customers. Energy Services includes non-rate regulated gas sales and services operations. Midstream Investments segment includes equity earnings associated with the operations of Enable Midstream Partners, LP and a 0.1% interest in Southeast Supply Header, LLC owned by CenterPoint Energy Resources Corp. Other Operations includes office buildings and other real estate used in its business operations and other corporate operations which support all of its business operations.