NEW YORK (
) is trading at unusually high volume Wednesday with 15.2 million shares changing hands. It is currently at four times its average daily volume and trading up 92 cents (+4.9%) at $19.44 as of 3:10 p.m. ET.
CenterPoint Energy has a market cap of $7.91 billion and is part of the
industry. Shares are down 7.8% year to date as of the close of trading on Tuesday.
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company has a P/E ratio of 10.3, above the average utilities industry P/E ratio of 5.8 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates CenterPoint Energy as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full
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