NRG Energy (NRG) : Traders are bullish on NRG Energy (NRG) as it has outperformed the S&P 500 by a wide margin of 3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.65% in the last 1 week, and is up 7.51% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.63% and the 50-Day Moving Average is 0.46%.
NRG Energy (NYSE:NRG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.35 and $15.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.47, notching a gain of 1.05% for the day. The total traded volume was 3,465,163 . The stock had closed at $15.31 on the previous day.
The company Insiders own 0.46% of NRG Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.15% . Institutional Investors own 99.95% of NRG Energy shares. During last six month period, the net percent change held by insiders has seen a change of -6.15%. In a related news, The Securities and Exchange Commission has divulged that Weidemeyer Thomas H, director of Nrg Energy, Inc., had unloaded 3,182 shares at an average price of $17.24 in a transaction dated on June 3, 2016. The total value of the transaction was worth $54,858.
NRG Energy, Inc. (NRG) is a power company that produces, sells and delivers energy, and energy products and services in power markets in the United States. NRGs business segments are NRG Business, NRG Home, NRG Renew, NRG Yield and corporate activities. NRG Business consists of NRGs wholesale operations, including plant operations, commercial operations, engineering, procurement and construction (EPC), energy services and other related functions. NRG Home includes the Companys NRG Home Retail and NRG Home Solar businesses. NRG Renew includes the Companys solar and wind assets. NRG Yield includes NRGs contracted generation assets. As of December 31, 2014, NRG owned and operated approximately 52,000 megawatts (MW) of generation; transacted in and traded fuel and transportation services, and directly sold energy, services, and sustainable products and services to retail customers under the name NRG and other retail brand names owned by NRG.