Westar Energy (WR) Shares are Up 0.02%

Westar Energy (WR) : During the past 4 weeks, traders have been relatively bearish on Westar Energy (WR), hence the stock is down -5.47% 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 -0.59% 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 0.02% in the last 1 week, and is up 0.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Westar Energy (NYSE:WR): The stock opened at $56.27 on Friday but the bulls could not build on the opening and the stock topped out at $56.38 for the day. The stock traded down to $56.16 during the day, due to lack of any buying support eventually closed down at $56.23 with a loss of -0.04% for the day. The stock had closed at $56.25 on the previous day. The total traded volume was 907,864 shares.


The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 2.3%. Westar Energy, Inc. is up 12.93% in the last 3-month period. Year-to-Date the stock performance stands at 34.67%.

Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 693,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energys wholly owned subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential, commercial and industrial. It has around 6,645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.

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