Should You Buy CenterPoint Energy Inc (CNP) Stock After it Is Down 1.15% in a Week?

The market has been neutral on CenterPoint Energy Inc (CNP) stock recently. CNP gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

CenterPoint Energy Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CNP!

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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. 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 CNP Stock Today?

CenterPoint Energy Inc (CNP) stock is down -0.25% while the S&P 500 is up 0% as of 3:02 PM on Friday, Jan 26. CNP is down -$0.07 from the previous closing price of $27.52 on volume of 2,185,059 shares. Over the past year the S&P 500 is higher by 21.86% while CNP is down -8.62%. CNP earned $1.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.79.

More About CenterPoint Energy Inc

CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in six states serving approximately 4 million customers. After exiting its midstream investment, CenterPoint is a fully regulated utility. Click Here to get the full Stock Report for CenterPoint Energy Inc stock.