Eversource Energy (ES) : During the past 4 weeks, traders have been relatively bearish on Eversource Energy (ES), hence the stock is down -7.28% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.91% relative to the S&P 500. The 4-week change in the price of the stock is -7.47% and the stock has fallen -2.56% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.56% and the fifty day Moving Average is 6.09%. Eversource Energy has dropped 1.62% during the last three month period . Year-to-Date the stock performance stands at 7.72%.
Eversource Energy (ES) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $67 and the lowest price target forecast is $55. The average forecast of all the analysts is $60.75 and the expected standard deviation is $4.3.
Eversource Energy (NYSE:ES): On Fridays trading session , Opening price of the stock was $55.42 with an intraday high of $55.77. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $54.06. However, the stock managed to close at $54.12, a loss of 2.08% for the day. On the previous day, the stock had closed at $55.27. The total traded volume of the day was 1,401,656 shares.
Eversource Energy, formerly Northeast Utilities, is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Companys electric distribution segment provides electricity to retail customers in Connecticut and eastern Massachusetts. The electric transmission segment owns and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. The natural gas distribution segment provides firm natural gas sales service to retail customers who require a continuous natural gas supply throughout the year, such as residential customers who rely on natural gas for heating, hot water and cooking needs, and commercial and industrial customers who choose to purchase natural gas from the Companys natural gas distribution companies.