NextEra Energy Inc. (NEE) Moves Lower on Volume Spike for January 04

Equities Staff  |

NextEra Energy Inc. (NEE) traded on unusually high volume on Jan. 04, as the stock lost 0.51% to close at $151.02. On the day, NextEra Energy Inc. saw 3.33 million shares trade hands on 28,158 trades. Considering that the stock averages only a daily volume of 1.75 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $159.40 and $117.33 over the last 52-weeks, its 50-day SMA is now $155.23, and its 200-day SMA $143.65. NextEra Energy Inc. has a P/B ratio of 2.69. It also has a P/E ratio of 17.1.

NextEra Energy Inc is an electric power company in North America. It generates renewable energy from wind and sun. The company also owns generation, transmission and distribution facilities and has investments in gas infrastructure assets.

Headquartered in Juno Beach, FL, NextEra Energy Inc. has 8,900 employees and is currently under the leadership of CEO James L. Robo.

For a complete fundamental analysis analysis of NextEra Energy Inc., check out Equities.com’s Stock Valuation Analysis report for NEE.

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To get more information on NextEra Energy Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: NEE’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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