Stocks of NRG Energy Inc (NYSE:NRG) traded higher last session on Wall Street, up 4.05% to $156.71.
NRG stock price is now 53.64% away from the 50-day moving average and 65.87% away from the 200-day moving average. The market capitalization of the company currently stands at $31.92B.
With the price target of $129, Goldman recently initiated with Buy rating for NRG Energy Inc (NYSE: NRG). On January 21, 2025, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock increasing its target price from $74 to quote $126, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, Chung Bruce, EVP & CFO sold 20,000 shares of the company’s stock on Jan 13 ’25. The stock was sold for $1,952,600 at an average price of $97.63. Upon completion of the transaction, the EVP & CFO now directly owns 69,454 shares in the company, valued at $10.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 13 ’25, Officer WOO-SUNG CHUNG bought 20,000 shares of the business’s stock. A total of $1,952,618 was incurred on buying the stock at an average price of $97.63. A total of 1.94% of the company’s stock is owned by insiders.
During the past 12 months, NRG Energy Inc has had a low of $65.11 and a high of $150.81. As of last week, the company has a debt-to-equity ratio of 3.96, a current ratio of 1.06, and a quick ratio of 1.02.
The net profit margin was 4.44% and return on equity was 44.91% for NRG. The company reported revenue of $8.59 billion for the quarter, compared to $7.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.56 percent.
