Eversource Energy’s recently made public that its Officer Carmody Christine M acquired Company’s shares for reported $1.94 million on Sep 26 ’24. In the deal valued at $65.99 per share,29,467 shares were bought.
Then, NOVA DANIEL J bought 125 shares, generating $7,366 in total proceeds. Upon buying the shares at $58.93, the Trustee now owns 100 shares.
Before that, NOVA DANIEL J bought 125 shares. Eversource Energy shares valued at $7,074 were divested by the Trustee at a price of $56.59 per share. As a result of the transaction, NOVA DANIEL J now holds 200 shares, worth roughly $11216.0.
Scotiabank downgraded its Eversource Energy [ES] rating to a Sector underperform from a a Sector perform in a research note published on December 12, 2024; the price target was decreased to $56 from $66. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. BofA Securities also remained covering ES and has increased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on April 10, 2024. It rated ES as “a Buy”.
Price Performance Review of ES
On Tuesday, Eversource Energy [NYSE:ES] saw its stock fall -0.27% to $56.08. Over the last five days, the stock has lost -2.13%. Eversource Energy shares have fallen nearly -2.35% since the year began. Nevertheless, the stocks have fallen -9.65% over the past one year. While a 52-week high of $69.01 was reached on 01/02/25, a 52-week low of $52.09 was recorded on 01/06/25. SMA at 50 days reached $60.78, while 200 days put it at $61.89.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 55.66, which if violated will result in even more drops to 55.25. On the upside, there is a resistance level at 56.84. A further resistance level may holdings at 57.61. The Relative Strength Index (RSI) on the 14-day chart is 29.46, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.86%. Stochastics %K at 17.81% indicates the stock is a buying.
How much short interest is there in Eversource Energy?
A steep rise in short interest was recorded in Eversource Energy stocks on 2024-12-13, growing by 0.45 million shares to a total of 4.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.37 million shares. There was a rise of 9.36%, which implies that there is a positive sentiment for the stock.
