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Is CMS Energy Corporation (CMS) a Stock to Watch After Gaining 3.31% This Week?

Monday, November 20, 2023 03:35 PM | InvestorsObserver Analysts

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Is CMS Energy Corporation (CMS) a Stock to Watch After Gaining 3.31% This Week?

CMS Energy Corporation (CMS) stock has gained 3.31% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
CMS Energy Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CMS!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CMS Stock Today?

CMS Energy Corporation (CMS) stock is lower by -0.42% while the S&P 500 has risen 0.91% as of 3:29 PM on Monday, Nov 20. CMS is down -$0.24 from the previous closing price of $57.38 on volume of 1,008,999 shares. Over the past year the S&P 500 has gained 15.33% while CMS is down -4.94%. CMS earned $2.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.48. To screen for more stocks like CMS Energy Corporation click here.

More About CMS Energy Corporation

CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. CMS Enterprises is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021. Click Here to get the full Stock Report for CMS Energy Corporation stock.

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