CMS Energy Corporation (NYSE:CMS) currently has a daily average trading volume of 2.14M but it saw 3360615 shares traded in last market. With a market cap of 19.83B USD, the company’s current market price of $66.37 came rising about 2.42 while comparing to the previous closing price of $64.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $65.17 and as low as $49.87.
Taking a look at 20-day trading activity of CMS Energy Corporation (CMS) gives us an average price of $61.78, while its current price level is 1.84% below from 52-week high level whereas it is 33.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $61.02 while that of 200 days or SMA-200 reads an average of $58.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.99% during that period while stretching the period over a month that decreases to 1.71%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.70 which implies that the stock is in overbought territory.
Guggenheim upgraded its recommendation for the stock as a “Buy” from “Neutral” on February 02, 2024 while assigning a price target range of $60-$64. Wolfe Research issued its recommendations for the stock as it upgraded the price target for the stock is $62.
Over the week, CMS’s stock price is moving 5.00% up while it is 12.55% when we observe its performance for the past one month. Year-to-date it is 14.29% up and over the past year, the stock is showing an upside performance of 9.83%.
Currently, CMS Energy Corporation’s total number of outstanding shares is 298.73M. Company’s return on investment (ROI) stands at 4.17% and return on equity (ROE) at 12.81%. It has a price to earnings ratio (P/E ratio) of 20.43 while having a 18.49 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 2.55 while price to sale or P/S ratio amounts to 2.68. Its return on asset (ROA) is 2.91% on average.
