CenterPoint Energy Reaches New 52-Week High (CNP)

CenterPoint Energy (NYSE:CNP) hit a new 52-week high Thursday as it is currently trading at $24.78, above its previous 52-week high of $24.73 with 197,688 shares traded as of 10:05 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

CenterPoint Energy

(NYSE:

CNP

) hit a new 52-week high Thursday as it is currently trading at $24.78, above its previous 52-week high of $24.73 with 197,688 shares traded as of 10:05 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.

CenterPoint Energy has a market cap of $10.5 billion and is part of the utilities sector and utilities industry. Shares are up 27.1% year to date as of the close of trading on Wednesday.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States.

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TheStreet Ratings rates

CenterPoint Energy

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full

CenterPoint Energy Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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