CMS Energy Corporation (NYSE:CMS) currently has a daily average trading volume of 2.08M but it saw 1487760 shares traded in last market. With a market cap of 20.65B USD, the company’s current market price of $69.14 came falling about -0.69 while comparing to the previous closing price of $69.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $71.57 and as low as $52.12. In the recent trading on the day, stock has struck highest price mark of $68.97 while lowest mark touched by it was $70.07.
Taking a look at 20-day trading activity of CMS Energy Corporation (CMS) gives us an average price of $70.21, while its current price level is -3.40% below from 52-week high level whereas it is 32.66% 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 $68.34 while that of 200 days or SMA-200 reads an average of $61.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.49% during that period while stretching the period over a month that decreases to 1.31%. 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 46.36 which implies that the stock is in neutral 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 -2.81% down while it is -0.13% when we observe its performance for the past one month. Year-to-date it is 19.06% up and over the past year, the stock is showing an upside performance of 29.14%.
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 21.28 while having a 19.25 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 2.65 while price to sale or P/S ratio amounts to 2.79. Its return on asset (ROA) is 2.91% on average.
