- NRG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $131.7 million.
- NRG has traded 810,901 shares today.
- NRG is trading at 5.11 times the normal volume for the stock at this time of day.
- NRG is trading at a new high 5.05% above yesterday's close.
'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in NRG with the Ticky from Trade-Ideas. See the FREE profile for NRG NOW at Trade-Ideas More details on NRG:
NRG Energy, Inc., together with its subsidiaries, operates as a power company. The stock currently has a dividend yield of 2.4%. NRG has a PE ratio of 106.9. Currently there are 7 analysts that rate NRG Energy a buy, no analysts rate it a sell, and none rate it a hold.The average volume for NRG Energy has been 4.4 million shares per day over the past 30 days. NRG Energy has a market cap of $8.3 billion and is part of the utilities sector and utilities industry. The stock has a beta of 1.08 and a short float of 3.1% with 1.87 days to cover. Shares are down 8.8% year-to-date as of the close of trading on Thursday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates NRG Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 2.7%. Since the same quarter one year prior, revenues rose by 50.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
- NRG ENERGY INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, NRG ENERGY INC turned its bottom line around by earning $0.21 versus -$1.22 in the prior year. This year, the market expects an improvement in earnings ($1.25 versus $0.21).
- NRG has underperformed the S&P 500 Index, declining 22.87% from its price level of one year ago. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
- The debt-to-equity ratio is very high at 2.03 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Along with the unfavorable debt-to-equity ratio, NRG maintains a poor quick ratio of 0.77, which illustrates the inability to avoid short-term cash problems.
- You can view the full NRG Energy Ratings Report.
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