In a filing, NRG Energy Inc. revealed its Exec VP, NRG Home Killinger Elizabeth R unloaded Company’s shares for reported $2.55 million on Mar 15 ’24. In the deal valued at $63.64 per share,40,000 shares were sold. As a result of this transaction, Killinger Elizabeth R now holds 107,123 shares worth roughly $8.34 million.
Then, Patel Rasesh M. sold 49,092 shares, generating $3,072,668 in total proceeds. Upon selling the shares at $62.59, the Exec VP, Smart Home now owns 356,962 shares.
Wells Fargo initiated its NRG Energy Inc. [NRG] rating to an Overweight in a research note published on January 23, 2024; the price target was $65. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early November from “a Sell” to “a Neutral”. Guggenheim also remained covering NRG and has increased its forecast on November 01, 2023 with a “Buy” recommendation from previously “Neutral” rating. BofA Securities revised its rating on March 20, 2023. It rated NRG as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NRG
On Monday, NRG Energy Inc. [NYSE:NRG] saw its stock jump 1.62% to $77.89. Over the last five days, the stock has gained 5.33%. NRG Energy Inc. shares have risen nearly 50.66% since the year began. Nevertheless, the stocks have risen 148.22% over the past one year. While a 52-week high of $77.68 was reached on 05/06/24, a 52-week low of $30.52 was recorded on 01/11/24. SMA at 50 days reached $67.64, while 200 days put it at $50.30. A total of 3.76 million shares were traded, compared to the trading of 4.25 million shares in the previous session.
Levels Of Support And Resistance For NRG Stock
The 24-hour chart illustrates a support level at 76.70, which if violated will result in even more drops to 75.52. On the upside, there is a resistance level at 78.73. A further resistance level may holdings at 79.58. The Relative Strength Index (RSI) on the 14-day chart is 70.86, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.39%. Stochastics %K at 87.87% indicates the stock is a selling.
