Eversource Energy (ES) traded negative at $55. On an intraday basis, the price dropped -0.32 points or -0.58%. The composite uptick value was $1.59 million while the combined downtick value was $0.35. The net money flow was $1.23 million while the up/down ratio was not very comforting at 4.52. The shares on a weekly note has seen a change in share price of 1.38%.According to the trading data, the shares saw a block trade with $0.93 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 0.93.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Shares of Eversource Energy appreciated by 0.74% during the last five trading days but lost 0.96% on a 4-week basis. Eversource Energy is up 0.16% in the last 3-month period. Year-to-Date the stock performance stands at -0.96%. Eversource Energy (NYSE:ES) witnessed a decline in the market cap on Wednesday as its shares dropped 1.12% or 0.62 points. After the session commenced at $54.91, the stock reached the higher end at $55.24 while it hit a low of $54.5. With the volume soaring to 1,298,557 shares, the last trade was called at $54.7. The company has a 52-week high of $60.44. The company has a market cap of $17,334 million and there are 316,885,810 shares in outstanding. The 52-week low of the share price is $50.56.
Company has reported several Insider transactions to the SEC, on Sep 9, 2016, Gregory B Butler (Executive VP & General Counsel) sold 10,000 shares at 54.77 per share price.On Aug 15, 2016, Jay S. Buth (VP, Controller, Chief Acct Off) sold 296 shares at 57.15 per share price.On Mar 10, 2016, Werner J Schweiger (Executive VP and COO) sold 10,000 shares at 57.00 per share price.
Eversource Energy Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.81. The company had revenue of $2039.71 million for the quarter, compared to analysts expectations of $2041.36 million. The companys revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Eversource Energy was Initiated by Credit Suisse to Neutral on Jan 25, 2017. Eversource Energy was Upgraded by Deutsche Bank to Buy on Dec 20, 2016.
Eversource Energy is engaged in transmission and distribution of electricity and natural gas. The company operates primarily in Connecticut, Massachusetts and New Hampshire. Eversource Energy, formerly known as Northeast Utilities, is based in Springfield, Massachusetts.