NextEra Energy (NEE) has been under a strong bear grip, hence the stock is down -1.63% 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 0.58% in the past 1 week. The stock has risen by 0.64% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.62% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 0.2%. NextEra Energy (NYSE:NEE): On Fridays trading session , Opening price of the stock was $127.3 with an intraday high of $127.71. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $126.73. However, the stock managed to close at $126.79, a loss of 0.18% for the day. On the previous day, the stock had closed at $127.02. The total traded volume of the day was 1,500,371 shares.
The company Insiders own 0.66% of NextEra Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.8% . Institutional Investors own 75.75% of NextEra Energy shares. During last six month period, the net percent change held by insiders has seen a change of -14.4%. Also, In a research note released to the investors, Deutsche Bank maintains its rating on NextEra Energy (NYSE:NEE).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank lowers the new price target from $134 per share to $133 per share. The rating by the firm was issued on July 28, 2016.
NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.