Market experts has given a mean price target of $4.31 to Cleco Corporation (NYSE:CNL) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $-0.01 for the near-term quarter and $-0.03 for this year.
The technical assessment of Cleco Corporation pinpoints that the 50-day moving average of Cleco Corporation (NYSE:CNL) stock is $49.83, and is trading $5.53 points away or +11.10% from 50-day moving average of $49.83. It is trading $3.66 or +7.07% off 200-day MA of $51.70.
The 52-week high of Cleco Corporation (NYSE:CNL) was $55.37 while $44.78 is the low point in the same period. Cleco Corporation share price has to rise more than $-0.01 to register a high for 52-weeks or drop +23.63% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Cleco Corporation (NYSE:CNL) P/E ratio is N/A while PEG ratio is at 0.00. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Cleco Corporation stock recorded a close of $55.36 in last trading session, which brings it market cap to $N/A.
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