TXNM Energy Inc (NYSE: TXNM) is 14.57% higher on its value in year-to-date trading and has touched a low of $34.62 and a high of $47.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TXNM stock was last observed hovering at around $47.87 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $47.66, the stock is 6.21% and 8.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing -0.44% at the moment leaves the stock 20.28% off its SMA200. TXNM registered 12.72% gain for a year compared to 6-month gain of 26.42%. The firm has a 50-day simple moving average (SMA 50) of $43.9454 and a 200-day simple moving average (SMA200) of $39.6253.
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The stock witnessed a 9.64% loss in the last 1 month and extending the period to 3 months gives it a 16.93%, and is 3.72% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 2.23% over the month.
TXNM Energy Inc (TXNM) has around 1600 employees, a market worth around $4.30B and $1.91B in sales. Current P/E ratio is 24.89 and Fwd P/E is 17.01. Profit margin for the company is 9.24%. Distance from 52-week low is 37.65% and -0.65% from its 52-week high. The company has generated returns on investments over the last 12 months (2.46%).
The EPS is expected to shrink by -3.94% this year
The shares outstanding are 90.20M, and float is at 89.03M with Short Float at 4.45%.
