The market has been high on NextEra Energy Inc (NEE) stock recently. NEE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
NextEra Energy Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NEE!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With NEE Stock Today?
NextEra Energy Inc (NEE) stock has gained 2.4% while the S&P 500 has fallen -0.17% as of 12:56 PM on Friday, Jul 1. NEE has risen $1.86 from the previous closing price of $77.50 on volume of 3,571,397 shares. Over the past year the S&P 500 is lower by -12.06% while NEE has risen 8.30%. NEE earned $0.74 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 107.71.
To screen for more stocks like NextEra Energy Inc click here.
More About NextEra Energy Inc
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Click Here to get the full Stock Report for NextEra Energy Inc stock.