NextEra Energy (NEE) : During the past 4 weeks, traders have been relatively bearish on NextEra Energy (NEE), hence the stock is down -4.01% 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 -1.32% relative to the S&P 500. The 4-week change in the price of the stock is -3.64% and the stock has fallen -1.35% in the past 1 week.
NextEra Energy, Inc. is up 5.59% in the last 3-month period. Year-to-Date the stock performance stands at 22.2%. The stock has recorded a 20-day Moving Average of 1.61% and the 50-Day Moving Average is 1.49%.
NextEra Energy (NYSE:NEE): The stock opened at $126.56 on Friday but the bulls could not build on the opening and the stock topped out at $126.56 for the day. The stock traded down to $124.40 during the day, due to lack of any buying support eventually closed down at $125.08 with a loss of -1.48% for the day. The stock had closed at $126.96 on the previous day. The total traded volume was 2,449,050 shares.
Also, Deutsche Bank maintains their rating on the shares of NextEra Energy (NYSE:NEE). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $133 per share from $134 per share. The rating by the firm was issued on July 28, 2016.
NextEra Energy, Inc. (NEE) is a holding company. The Company operates through its wholly owned subsidiaries, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC (NEER). It is an electric power company in North America with electric generating facilities located in 27 states in the United States and four provinces in Canada. Its segments are FPL and NEER. FPL is an electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida. NEER owns, develops, constructs, manages and operates electric generating facilities in wholesale energy markets primarily in the United States, as well as in Canada and Spain. Corporate and Other segment represents other business activities, primarily NextEra Energy Transmission, LLC (NEET) and FPL FiberNet. NEET operates through Lone Star Transmission, LLC, a transmission service provider in Texas, and New Hampshire Transmission, LLC, a transmission owner in ISO New England.