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

CenterPoint Energy Inc (Holding Co) (NYSE:CNP) traded at a new 52-week high today of $33.14. This new high was reached on below average trading volume as 512,000 shares traded hands, while the average 30-day volume is approximately 3.1 million shares.

CenterPoint Energy Inc (Holding Co) share prices have moved between a 52-week high of $33.14 and a 52-week low of $24.32 and are now trading 36% above that low price at $33.08 per share.

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.

CenterPoint Energy Inc (Holding Co) (NYSE:CNP) defies analysts with a current price ($33.08) 7.6% above its average consensus price target of $30.55.

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