PNM Resources (NYSE: PNM) stock observed trading -4.02% off 52-week high price. On the other end, the stock has been noted 32.76% away from low price over the last 52-weeks. The stock disclosed a move of 0.92% away from 50 day moving average and 11.73% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.68% off 20-day moving average. It has market cap of $4038.81M and dividend yield of 2.32%.
At its regular meeting held On July 23, 2019, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.29 per share on the company’s common stock. The dividend is payable August 16, 2019, to shareholders of record at the close of business August 6, 2019.
Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2018 consolidated operating revenues of $1.4 billion. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,671 megawatts of generation capacity and provides electricity to more than 781,000 homes and businesses in New Mexico and Texas.
The USA based company PNM Resources moved with change of -0.32% to $50.01 with the total traded volume of 293602 shares in recent session versus to an average volume of 385.93K. The stock was observed in the 5 days activity at -0.60%. The one month performance of stock was -3.27%. PNM’s shares are at 9.84% for the quarter and driving a 32.13% return over the course of the past year and is now at 21.71% since this point in 2018. Right now the stock beta is 0.23. The average volatility for the week and month was at 1.56% and 1.48% respectively. There are 80.76M shares outstanding and 78.79M shares are floated in market.
Ernest Woods – Category – Earnings
Ernest Woods a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Ernest Woods has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Earnings category.
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