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    Shares of NRG Energy Inc. (NRG) Rise to a New 52-Week High


    May 26, 2022 - NetworkNewsWire

     

      NRG Energy Inc. (NYSE:NRG) traded at a new 52-week high today of $47.82. So far today approximately 902,000 shares have been exchanged, as compared to an average 30-day volume of 3.8 million shares.

      NRG Energy is one of the largest retail energy providers in the U.S., with 7 million customers, including its 2021 acquisition of Direct Energy. It also is one of the largest U.S. independent power producers, with 16 gigawatts of nuclear, coal, gas, and oil power generation capacity primarily in Texas. Since 2018, NRG has divested its 47% stake in NRG Yield, among other renewable energy and conventional generation investments. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

      In the past 52 weeks, shares of NRG Energy Inc. have traded between a low of $31.94 and a high of $47.82 and is now at $47.14, which is 48% above that low price.

      NRG Energy Inc. (NYSE:NRG) is currently priced 47.0% above its average consensus analyst price target of $25.00.

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