Entergy Corporation (ETR) Shares are Up 2.21%

Entergy Corporation (ETR) has been under a strong bear grip, hence the stock is down -0.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.7% in the past 1 week. The stock has risen by 2.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.78% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.6% and the 50-Day Moving Average is 0.23%.The 200 Day SMA reached 7.89%. Entergy Corporation is up 1.9% in the last 3-month period. Year-to-Date the stock performance stands at 19.5%.


Entergy Corporation (NYSE:ETR): After opening at $77.79, the stock dipped to an intraday low of $77.77 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $79.04 and the buying power remained strong till the end. The stock closed at $78.97 for the day, a gain of 1.70% for the day session. The total traded volume was 883,075. The stocks close on the previous trading day was $77.65.

Entergy Corporation is a holding company. The Company is an integrated energy company engaged in electric power production and retail electric distribution operations. The Company owns and operates power plants with approximately 30,000 megawatts of aggregate electric generating capacity, including approximately 10,000 megawatts of nuclear-fueled capacity. It operates in two business segments: Utility and Entergy Wholesale Commodities. The Utility segment includes the generation, transmission, distribution and sale of electric power to retail and wholesale customers in areas of Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans and operates a natural gas distribution business. The Entergy Wholesale Commodities business segment includes the ownership, operation and decommissioning of nuclear power plants located in the northern United States and the sale of the electric power produced by its operating plants to wholesale customers.

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