NEW YORK ( TheStreet) -- Shares of NRG Energy (NYSE: NRG) were gapping up Monday morning with an open price 10.8% higher than Friday's closing price. The stock closed at $18.05 Friday and opened today's trading at $20.
The average volume for NRG Energy has been 3.5 million shares per day over the past 30 days. NRG Energy has a market cap of $4.12 billion and is part of the utilities sector and utilities industry. Shares are down 0.4% year to date as of the close of trading on Friday. NRG Energy, Inc., together with its subsidiaries, operates as an integrated wholesale power generation and retail electricity company. The company engages in the ownership, development, construction, expansion, modification, refurbishment, and operation of power generation facilities. The company has a P/E ratio of 19.7, above the average utilities industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates NRG Energy as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, reasonable valuation levels and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full NRG Energy Ratings Report. Get more investment ideas from our investment research center.