• Return to Headlines

Cms Energy Corp: The Winning Streak Continues (CMS)

By James Quinn

Cms Energy Corp (NYSE:CMS) traded at a new 52-week high today of $62.38. So far today approximately 118,000 shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares.

Cms Energy Corp (NYSE:CMS) defies analysts with a current price ($62.38) 23.2% above its average consensus price target of $47.93. Cms Energy Corp shares have support at the 50-day moving average (MA) of $59.06 and additional support at the 200-day MA of $54.72.

CMS Energy Corporation is an energy company. The Company, through its subsidiaries, provides electricity and natural gas to its customers. CMS Energy also invests in and operates non-utility power generation plants in the United States and abroad.

In the past 52 weeks, shares of Cms Energy Corp have traded between a low of $47.63 and a high of $62.38 and are now at $62.38, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Cms Energy Corp on February 1st, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $51.65. Since that recommendation, shares of Cms Energy Corp have risen 20.3%. We continue to monitor CMS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows cms energy corp

Ticker(s): CMS