Eversource Energy’s recent filing unveils 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 $11196.0.
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 jump 0.21% to $55.98. Over the last five days, the stock has lost -0.44%. Eversource Energy shares have fallen nearly -2.52% since the year began. Nevertheless, the stocks have fallen -2.00% 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 01/13/25. SMA at 50 days reached $60.02, while 200 days put it at $61.85.
Levels Of Support And Resistance For ES Stock
The 24-hour chart illustrates a support level at 55.75, which if violated will result in even more drops to 55.52. On the upside, there is a resistance level at 56.26. A further resistance level may holdings at 56.54. The Relative Strength Index (RSI) on the 14-day chart is 34.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.56%. Stochastics %K at 27.66% indicates the stock is a holding.
How much short interest is there in Eversource Energy?
A steep rise in short interest was recorded in Eversource Energy stocks on 2024-12-31, growing by 1.04 million shares to a total of 5.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.26 million shares. There was a rise of 19.62%, which implies that there is a positive sentiment for the stock.
