Eversource Energy Stock Price Declines Below 52-Week High
Eversource Energy’s stock price has fallen below its 52-week high in recent days. The current stock price is a result of market fluctuations.
Market Capitalization Remains Substantial
The company’s market capitalization remains substantial, indicating a strong financial position. As of the latest available data, the market capitalization is:
- $34.6 billion (as of Q1 2023)
Price-to-Earnings Ratio Increases
The price-to-earnings ratio has increased, suggesting that investors are valuing the company’s earnings more highly. The current price-to-earnings ratio is:
- 24.5 (as of Q1 2023)
No Direct Impact on Operations
No specific news or announcements have been made by Eversource Energy that would directly impact its stock price or operations. The company continues to provide essential electric and natural gas services to customers in the northeastern United States.
Business Operations
Eversource Energy continues to operate in the following regions:
- Connecticut
- Massachusetts
- New Hampshire
- Rhode Island