NRG Energy Inc. (NRG) Moves Lower on Volume Spike for June 19

Equities Staff  |

NRG Energy Inc. (NRG) traded on unusually high volume on Jun. 19, as the stock lost 3.09% to close at $31.96. On the day, NRG Energy Inc. saw 10.02 million shares trade hands on 47,645 trades. Considering that the stock averages only a daily volume of 5.28 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 $35.17 and $15.95 over the last 52-weeks, its 50-day SMA is now $32.71, and its 200-day SMA $28.43. NRG Energy Inc. has a P/B ratio of -74.33.

NRG Energy Inc is engaged in the utilities sector. Its primary business involves operation of power generation facilities, trading of energy, capacity and related products, transacting in and trading of fuel & transportation services.

Headquartered in Princeton, NJ, NRG Energy Inc. has 5,940 employees and is currently under the leadership of CEO Mauricio Gutierrez.

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

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



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