Taking a Look at the Data Behind NRG Energy, Inc. (NRG)

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 $28.24, down from yesterday’s close by -1.67%. 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

NRG Energy, Inc. (NRG) currently trades with a market capitalization of $8.95 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.

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 $0.44 on a per share basis this quarter. Perhaps, that suggests something about why 1.34% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, NRG Energy, Inc. recorded a 52-week high of $29.78. It is now trading 1.54% off that level. The stock is trading $28.08 its 50-day moving average by -0.16%. The stock carved out a 52-week low down at $13.24.

In recent action, NRG Energy, Inc. (NRG) has made a move of -3.06% 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 20.92, 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 6.59% 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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