NRG Yield Inc. Class C (NYLD) Moves Lower on Volume Spike for February 28

Equities Staff  |

NRG Yield Inc. Class C (NYLD) traded on unusually high volume on Feb. 28, as the stock lost 1.58% to close at $15.65. On the day, NRG Yield Inc. Class C saw 1.4 million shares trade hands on 7,579 trades. Considering that the stock averages only a daily volume of 863,094 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 $20.15 and $15.85 over the last 52-weeks, its 50-day SMA is now $18.10, and its 200-day SMA $18.07. NRG Yield Inc. Class C has a P/B ratio of 1.55. It also has a P/E ratio of 40.5.

NRG Yield Inc is a dividend growth-oriented company. The Company owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets .

Headquartered in Princeton, NJ, NRG Yield Inc. Class C has 1 employees and is currently under the leadership of CEO Christopher S. Sotos.

For a complete fundamental analysis analysis of NRG Yield Inc. Class C, check out Equities.com’s Stock Valuation Analysis report for NYLD.

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To get more information on NRG Yield Inc. Class C and to follow the company’s latest updates, you can visit the company’s profile page here: NYLD’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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