In the latest session, Clearway Energy Inc. (NYSE: CWEN) closed at $29.61 down -1.53% from its previous closing price of $30.07. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 610449 shares were traded. CWEN stock price reached its highest trading level at $30.07 during the session, while it also had its lowest trading level at $29.60.
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Ratios:
For a deeper understanding of Clearway Energy Inc.’s stock, let’s take a closer look at its various ratios.
Upgrades & Downgrades
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 31 when TotalEnergies SE bought 71,980 shares for $31.15 per share. The transaction valued at 2,242,350 led to the insider holds 172,601 shares of the business.
Global Infrastructure Investor bought 71,980 shares of CWEN for $2,242,350 on Mar 31. The Director now owns 172,601 shares after completing the transaction at $31.15 per share. On Nov 15, another insider, Sotos Christopher S, who serves as the PRESIDENT AND CEO of the company, sold 30,000 shares for $35.23 each. As a result, the insider received 1,056,822 and left with 266,704 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CWEN now has a Market Capitalization of 3.51B and an Enterprise Value of 10.64B. As of this moment, Clearway’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 8.42 whereas that against EBITDA is 4.62.
Stock Price History:
Over the past 52 weeks, CWEN has reached a high of $41.79, while it has fallen to a 52-week low of $28.75. The 50-Day Moving Average of the stock is 30.70, while the 200-Day Moving Average is calculated to be 33.42.
Shares Statistics:
For the past three months, CWEN has traded an average of 848.66K shares per day and 683.35k over the past ten days. A total of 124.72M shares are outstanding, with a floating share count of 81.43M. Insiders hold about 1.07% of the company’s shares, while institutions hold 91.30% stake in the company. Shares short for CWEN as of May 14, 2023 were 1.96M with a Short Ratio of 2.18M, compared to 2.14M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.67% and a Short% of Float of 3.15%.
Dividends & Splits
According to the company, the forward annual dividend rate for CWEN is 1.53, from 1.46 in the trailing year. Against a Trailing Annual Dividend Yield of 4.84%, it implies a Forward Annual Dividend Yield of 5.01%. The stock’s 5-year Average Dividend Yield is 4.77.
