NRG Energy, Inc. (NRG): From Top to Bottom

NRG Energy, Inc. (NRG) is an interesting player in the Utilities space, with a focus on Diversified Utilities. The stock has been active on the tape, currently trading at $28.78, up from yesterday’s close by 1.52%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. NRG Energy, Inc. (NRG) currently trades with a market capitalization of $9.12 Billion. That value represents a market adjusting for revenues that have been falling by -10.87 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For NRG, the company currently has $1.76 Billion of cash on the books, which is offset by $1.25 Billion current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $39 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.48 on a per share basis this quarter. Perhaps, that suggests something about why 96.30% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how NRG has been acting. Looking at the stock’s movement on the chart, NRG Energy, Inc. recorded a 52-week high of $28.67. It is now trading -0.11% off that level. The stock is trading $25.34 its 50-day moving average by -3.44%. The stock carved out a 52-week low down at $10.75.

In recent action, NRG Energy, Inc. (NRG) has made a move of +8.11% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.32, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.91% with $314.79 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NRG.

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