CMS Energy Corporation (CMS) has risen sharply, recording gains of 2.28% in the past 4 weeks. However, the stock has corrected -1.52% in the past 1 week, providing a good buying opportunity on dips. CMS Energy Corporation (CMS) : During the past 4 weeks, traders have been relatively bearish on CMS Energy Corporation (CMS), hence the stock is down -2% 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 -2.97% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 4.12%.
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 $44.82 and $44.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.82, notching a gain of 0.13% for the day. The total traded volume was 1,443,365 . The stock had closed at $44.76 on the previous day.
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 88.92% of CMS Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -20.56%. In a related news,The (Senior Vice President) of Cms Energy Corp, Malone Daniel J sold 3,639 shares at $40.95 on May 25, 2016. The Insider selling transaction had a total value worth of $149,017. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.