NextEra Energy (NEE) Shares Slide -1.17%

NextEra Energy (NEE) : During the past 4 weeks, traders have been relatively bearish on NextEra Energy (NEE), hence the stock is down -4.32% 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 -1.11% relative to the S&P 500. The 4-week change in the price of the stock is -1.11% and the stock has fallen -1.17% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 2.74%. NextEra Energy, Inc. is up 9.91% in the last 3-month period. Year-to-Date the stock performance stands at 25.33%.


NextEra Energy (NYSE:NEE): stock turned positive on Friday. Though the stock opened at $127.27, the bulls momentum made the stock top out at $128.51 level for the day. The stock recorded a low of $127.27 and closed the trading day at $128.29, in the green by 0.68%. The total traded volume for the day was 2,334,961. The stock had closed at $127.42 in the previous days trading.

Also, Brokerage firm Deutsche Bank maintains its rating on NextEra Energy (NYSE:NEE). As per the latest information, the brokerage house lowers the price target to $133 per share from a prior target of $134. The shares have been rated Buy. 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.