CMS Energy Corporation (NYSE:CMS) has climbed 1.18% in the past week and advanced 7.27% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.39% and the outperformance has advanced to 6.29% for the last 4 weeks period.
CMS Energy Corporation (NYSE:CMS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.65 and $43.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.82, notching a gain of 0.25% for the day. The total traded volume was 2,366,420 . The stock had closed at $43.71 on the previous day.
The company shares have rallied 34.83% from its 1 Year high price. On Jun 15, 2016, the shares registered one year high at $43.94 and the one year low was seen on Jun 26, 2015. The 50-Day Moving Average price is $41.88 and the 200 Day Moving Average price is recorded at $39.54.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Senior Vice President) of Cms Energy Corp, Malone Daniel J had sold 3,639 shares worth of $149,017 in a transaction dated May 25, 2016. In this transaction, 3,639 shares were sold at $40.95 per share.
Many analysts have stated their opinion on the company shares. Macquarie downgrades its view on CMS Energy Corporation (NYSE:CMS) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on April 4, 2016. Currently the company Insiders own 0.93% of CMS Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.6% . Institutional Investors own 89.09% of CMS Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.56%.
CMS Energy Corporation (CMS Energy) is an energy company. The Company operates in three segments: consumers electric utility, consumers gas utility and enterprises. CMS Energy is engaged in independent power production and owns power generation facilities fueled by natural gas and biomass. Its subsidiaries include Consumers Energy Company (Consumers) and CMS Enterprises Company (CMS Enterprises). Consumers is an electric and gas utility, and CMS Enterprises is a domestic independent power producer. The Consumers electric utility segments operations include the generation, purchase, distribution and sale of electricity. CMS Energys enterprises segment is engaged in domestic independent power production and the marketing of independent power production. Consumers gas utility operations include the purchase, transmission, storage, distribution and sale of natural gas.