Entergy Corporation (NYSE:ETR) traded at a new 52-week high today of $116.00. Approximately 91,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
Over the past year, Entergy Corporation has traded in a range of $97.46 to $116.00 and is now at $115.86, 19% above that low.
Entergy Corporation (NYSE:ETR) defies analysts with a current price ($115.86) 1.0% above its average consensus price target of $114.68.
Entergy is a holding company with five regulated integrated utilities that generate and distribute electricity to about 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with approximately 23 gigawatts of regulated utility-owned power generation capacity. Entergy was the second- largest nuclear owner in the U.S. before it began retiring and selling its merchant plants in 2014. Entergy plans to retire its last non-rate-regulated nuclear plant in May.
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