CMS Energy Corporation (NYSE:CMS) shares, rose in value on Thursday, April 25, with the stock price down by -0.02% to the previous day’s close as strong demand from buyers drove the stock to $60.27.
Actively observing the price movement in the recent trading, the stock is buoying the session at $60.28. The PE ratio was 20.09 over 12-month period. Referring to stock’s 52-week performance, its high was $63.76, and the low was $49.87. On the whole, CMS has fluctuated by 3.47% over the past month.
The company’s Forward Dividend Ratio is 1.98, with its dividend yield at 3.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.08B, with a low estimate of 2.03B and a high estimate of 2.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.34B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CMS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.58, with the price of CMS currently trading nearly 2.09% and 2.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.00, while the 7-day volatility ratio is showing 1.66% which for the 30-day chart, stands at 1.56%. Furthermore, CMS Energy Corporation (CMS)’s beta value is 0.38, and its average true range (ATR) is 1.07.
A comparison of CMS Energy Corporation (CMS) with its peers suggests the former has fared considerably weaker in the market. CMS showed an intraday change of -0.02% in today’s session so far, and over the past year, it shrunk by -3.77%%.
Data on historical trading for CMS Energy Corporation (NYSE:CMS) indicates that the trading volumes over the past 3 months, they’ve averaged 2.55 million. According to company’s latest data on outstanding shares, there are 298.62 million shares outstanding.
Nearly 0.59% of CMS Energy Corporation’s shares belong to company insiders and institutional investors own 95.39% of the company’s shares. The stock has risen by 3.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CMS stock heading into the next quarter.
