Where Will Eversource Energy (ES) Stock Go Next After It Has Fallen 1.19% in a Week?

Eversource Energy (ES) stock is down 1.19% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 ES Stock Today?

Eversource Energy (ES) stock has fallen -1.44% while the S&P 500 has gained 0.41% as of 3:20 PM on Thursday, Mar 21. ES is lower by -$0.85 from the previous closing price of $59.21 on volume of 1,522,728 shares. Over the past year the S&P 500 has risen 31.06% while ES is lower by -22.10%. ES lost -$1.27 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Eversource Energy click here.

More About Eversource Energy

Eversource Energy is a diversified holding company with subsidiaries that provide regulated electric, gas, and water distribution service in the Northeast U.S. The company's utilities serve more than 4 million customers after acquiring NStar's Massachusetts utilities in 2012, Aquarion in 2017, and Columbia Gas in 2020. Eversource also owns 50% of a partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects by 2025. The company exited most of its unregulated businesses in 2006. Click Here to get the full Stock Report for Eversource Energy stock.