CMS Energy Corporation (CMS) has been under a strong bear grip, hence the stock is down -3.14% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.33% in the past 1 week. The stock has risen by 0.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.14% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 0.55%. CMS Energy Corporation (NYSE:CMS): stock turned positive on Friday. Though the stock opened at $43.91, the bulls momentum made the stock top out at $44.24 level for the day. The stock recorded a low of $43.81 and closed the trading day at $43.86, in the green by 0.32%. The total traded volume for the day was 1,423,601. The stock had closed at $43.72 in the previous days trading.
The company Insiders own 0.93% of CMS Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.22% . Institutional Investors own 89.08% of CMS Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.29%. Also, Equity Analysts at the Brokerage Firm, SunTrust Robinson Humphrey, maintains their rating on the shares of CMS Energy Corporation (NYSE:CMS). SunTrust Robinson Humphrey has a Neutral rating on the shares. As per the latest research report, the brokerage house raises the price target to $45 per share from a prior target of $44. The rating by the firm was issued on August 1, 2016.
CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segments operations include the generation, purchase, distribution and sale of electricity. CMS Energys enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas.