Eversource Energy (ES) Shares are Up 0.46%

Eversource Energy (ES) : During the past 4 weeks, traders have been relatively bearish on Eversource Energy (ES), hence the stock is down -4.05% 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 -0.04% relative to the S&P 500. The stock has risen by 0.46% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.18% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 5.18%.The 200 Day SMA reached 0.63%. Eversource Energy has dropped 2.6% during the last 3-month period . Year-to-Date the stock performance stands at 8.22%.


Eversource Energy (NYSE:ES): After opening at $53.59, the stock dipped to an intraday low of $53.55 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $54.45 and the buying power remained strong till the end. The stock closed at $54.37 for the day, a gain of 1.46% for the day session. The total traded volume was 1,624,840. The stocks close on the previous trading day was $53.59.

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.

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