CenterPoint Energy (CNP) Shares are Down -2.23%

CenterPoint Energy (CNP) : During the past 4 weeks, traders have been relatively bearish on CenterPoint Energy (CNP), hence the stock is down -6.49% 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 -1.59% relative to the S&P 500. The 4-week change in the price of the stock is -6.69% and the stock has fallen -2.23% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.02% and the fifty day Moving Average is 3.91%. CenterPoint Energy, Inc. is up 0.3% in the last three month period. Year-to-Date the stock performance stands at 26.18%.

CenterPoint Energy (CNP) : 4 investment research analysts covering CenterPoint Energy (CNP) have an average price target of $24.75 for the near short term. The highest target price given by the Brokerage Firm to the stock is $27 and the lowest target is $24 for the short term. Analysts expect the variance to be within $1.5 of the average price.


CenterPoint Energy (NYSE:CNP): On Fridays trading session , Opening price of the stock was $22.79 with an intraday high of $22.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.29. However, the stock managed to close at $22.32, a loss of 1.72% for the day. On the previous day, the stock had closed at $22.71. The total traded volume of the day was 2,242,374 shares.

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.

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