PNM Resources, Inc. (PNM) Might Be Poised For A Short Term Move

PNM Resources, Inc. (PNM) has seen some recent movement in the market and its shares were last quoted at $49.91 yesterday. People are starting to take interest of PNM as the shares traded as high as $50.02 and as low as $49.71 in the previous market session.

PNM Resources, Inc. (PNM) average trading volume is 1.19M. However, in the previous market session PNM Resources, Inc. (PNM) traded 2,402,729 shares. The First support level on PNM is $49.48 and the First upside resistance level on PNM is $50.02. PNM 50 day moving average is $43.42 and PNM 200day moving average is $41.49.

PNM Resources, Inc. (PNM) current performance has been shown by the recent movement in PNM shares. PNM has performed 20.41% over the past 30 days, PNM has performed 19.29% over the past 90 days and PNM has shown -1.46% over the past year. PNM Resources, Inc. (PNM) has a 12 month range of $27.08 to $56.14. PNM Resources, Inc. (PNM) is trading 84.31% from its 12 month low and -11.10% from its 12 month high. PNM Resources, Inc. (PNM) is indicating a 4.96% short float indicating the amount short in the float.

PNM has 79.84M shares outstanding and 78.67M shares in the float. PNM Resources, Inc. (PNM) at this time has a market cap of $3.99B and income of 176.80M. The EPS next quarter for PNM is 1.26 and anticipated EPS next year is 3.64%. The market cap of PNM Resources, Inc. (PNM) at $3.99B represents how many People own shares of PNM and is based off the last price ($49.91) of PNM and the amount of shares outstanding (79.84M) with PNM Resources, Inc. (PNM).

PNM Resources, Inc. (PNM) has aggregate cash (mrq) of 2.82M, aggregate cash per share (mrq) of 0.04, aggregate debt of PNM is at 3.6B and aggregate debt/equity (mrq) is 203.81. . PNM Resources, Inc. (PNM) running cash flow (ttm) is 497.08M, PNM leveraged free cash flow (ttm) is -252.03M.

PNM is trading 9.84% above (bullish) its SMA20, 14.67% above (bullish) its SMA50 and 15.12% above (bullish) its SMA200.

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