CMS Energy Corporation (CMS) Shares Slide -0.79%

CMS Energy Corporation (CMS) : During the past 4 weeks, traders have been relatively bearish on CMS Energy Corporation (CMS), hence the stock is down -4.2% 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 -0.73% relative to the S&P 500. The 4-week change in the price of the stock is -0.99% and the stock has fallen -0.79% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.13% and the 50-Day Moving Average is 3.26%. CMS Energy Corp. is up 11.91% in the last 3-month period. Year-to-Date the stock performance stands at 27.18%.


CMS Energy Corporation (NYSE:CMS): stock turned positive on Friday. Though the stock opened at $45, the bulls momentum made the stock top out at $45.41 level for the day. The stock recorded a low of $44.98 and closed the trading day at $45.18, in the green by 0.42%. The total traded volume for the day was 2,330,495. The stock had closed at $44.99 in the previous days trading.

Also, Scotia Bank initiates coverage on CMS Energy Corporation (NYSE:CMS). Scotia Bank has a Sector Perform rating on the shares. The rating by the firm was issued on July 15, 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.

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