An End-of-Day Technical Review: NRG Energy, Inc. (NRG), BP p.l.c. (BP)

NRG Energy, Inc. (NYSE:NRG) last session’s volume of 6.88 million shares was higher than its average volume of 5.67 million shares. The stock, after opening at $29.48, hit $29.22 through the close by scoring -0.85%.

NRG Energy, Inc. (NRG) Analyst Opinion

NRG Energy, Inc. has a consensus outperform rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 6.91% of shares outstanding. The stock spiked 16.37% last month and is up 138.34 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover NRG having a buy-equivalent rating. Analysts have placed a $31.89 price target on NRG Energy, Inc., suggesting a 9.14% gain from recent close. It’s currently trading about -1.88% below its 52-week high.

NRG Energy, Inc. Earnings Surprise

NRG Energy, Inc. (NRG) failed to surprise the stock market in its last reported earnings when it earned $0.61 a piece versus the consensus-estimated $0.94. Its revenue totaled $3.45 billion up 27.61% from the previous quarter.

NRG Energy, Inc. (NYSE:NRG) Intraday View

This stock (NRG) is ahead of its 52-week low with 171.81%. Its last month’s stock price volatility remained 1.83% which for the week stands at 2.9%. The share price has moved forward from its 20 days moving average, trading at a distance of 6.42% and stays 12.49% away from its 50 days moving average. Over the last five days, shares have faced -0.51% losses and now is up 39.9% since hitting its 200-day moving average of $22.44. NRG Energy, Inc. (NRG) has made its way to a 12-month gain of 167.83%.

Turning to BP p.l.c. (NYSE:BP), its shares were trading at $39.78 a gain of $0.65, on the trading floor. The stock, after opening at $39.57, touched a high of $39.82 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. BP p.l.c. has 2 buy ratings, 4 holds and 0 sells even after the stock tumbled -4.26% from its high of $41.55 to a $130.35 billion market value through last close.

BP p.l.c. (BP) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.4 to 2.4 during a month. Analysts set a 12-month price target of $40.72 a share. The target implies a 2.36% spike from where the shares are currently trading. Also, the current price highlights a discount of 35.19% to analysts’ high consensus price target.

BP p.l.c. (NYSE:BP) Intraday Trading

The counter witnessed a trading volume of 4.77 million shares versus an average volume of 4.5 million shares during last trading session. Its last month’s stock price volatility remained 0.81% which for the week approaches 1.03%. The lowest price the stock reached in the last trading day was $39.5201 and compares with the $33.10 52-week low. The stock recovered 20.18% since its low point and has performed 6.42% year-to-date.

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