PNM Resources (Holding Co.) (PNM) Shares are Down -1.96%

PNM Resources (Holding Co.) (PNM) : During the past 4 weeks, traders have been relatively bearish on PNM Resources (Holding Co.) (PNM), hence the stock is down -4.47% 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 -1.93% relative to the S&P 500. The 4-week change in the price of the stock is -4.1% and the stock has fallen -1.96% in the past 1 week.

PNM Resources, Inc. is up 4.1% in the last 3-month period. Year-to-Date the stock performance stands at 10.17%. The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 2.65%.


PNM Resources (Holding Co.) (NYSE:PNM): The stock opened at $33.30 on Friday but the bulls could not build on the opening and the stock topped out at $33.34 for the day. The stock traded down to $32.78 during the day, due to lack of any buying support eventually closed down at $32.99 with a loss of -1.14% for the day. The stock had closed at $33.37 on the previous day. The total traded volume was 544,682 shares.

PNM Resources, Inc. (PNMR) is an investor-owned holding company of energy and energy-related businesses. The Companys business segments include PNM, TNMP and Corporate and Other. PNM is an electric utility that provides electric generation, transmission, and distribution service to its rate-regulated customers. TNMP is an electric utility providing regulated transmission and distribution services in Texas under the provisions of Texas Electric Choice Act (TECA) and the Texas Public Utility Regulatory Act. The Corporate and Other segment includes PNMR holding company activities, primarily related to corporate level debt and PNMR Services Company. The Companys primary subsidiaries include Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).

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