CenterPoint Energy Inc (Holding Co) Looks to Continue to Trade Above its Annual-High Share Price Today

March 29, 2022 09:54:20

CenterPoint Energy Inc (Holding Co) (NYSE:CNP) traded today at a new 52-week high of $30.55. Approximately 703,000 shares have changed hands today, as compared to an average 30-day volume of 5.2 million shares.

In the past 52 weeks, CenterPoint Energy Inc (Holding Co) share prices are bracketed by a low of $21.89 and a high of $30.55 and is now at $30.52, 39% above that low price.

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.

Based on a current price of $30.52, CenterPoint Energy Inc (Holding Co) is currently 0.6% above its average consensus analyst price target of $30.32.

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