CONTACT ENERGY LIMITED (CEN)
AI Coverage Rating: Low
ASX AI Signals has generated 0 signals for CEN during the last 90 days,
indicating low trading activity
CEN Share Price |
| Current Price | $7.460 |
| 52 Week High | $8.575 |
| 52 Week Low: | $7.300 |
| Trading at (% of 52 Week High) | 87.00% |
Volume
2170
20 Day Avg
62571
Relative Volume
3.5%
Business Overview
Contact Energy Limited (ASX: CEN) is an energy company based in New Zealand that generates and sells electricity. It operates a mix of renewable and thermal power stations and provides natural gas and related products to customers. The company serves residential, commercial, and industrial customers.
ASX Sector Overview
Sector: Utilities
The Utilities sector on the ASX includes companies that provide essential services such as electricity, gas, and water to residential, commercial, and industrial customers. These businesses often operate large infrastructure networks for power generation, transmission, and distribution. The sector plays a crucial role in supporting daily life and economic activities through reliable energy and water supply. It is typically characterized by regulated operations and long-term investments in infrastructure projects.
Latest AI Recommendation
The SELL recommendation for CONTACT ENERGY LIMITED (CEN) is supported by recent bearish technical indicators and sector headwinds, suggesting a potential downside risk. However, the company's stable cash flow and dividend yield moderate the overall risk, resulting in a high confidence level rather than very high.
Latest CONTACT ENERGY LIMITED(CEN) News
14 Apr 2025, 06:30 AM
It is hard to get excited after looking at Contact Energy's (NZSE:CEN) recent performance, when its stock has declined 5.2% over the past three months. To decide if this trend could continue, we decided to look at its weak fundamentals as they shape the long-term market trends. Particularly, we will
18 Mar 2025, 06:23 AM
Key Insights
Contact Energy's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public 41% of the business is held by the top 25 shareholders Insiders have been selling lately
If you want to know who really controls Contact Energy
19 Feb 2025, 05:18 AM
Contact Energy (NZSE:CEN) First Half 2025 Results
Key Financial Results
Revenue: NZ$1.71b (up 31% from 1H 2024). Net income: NZ$142.0m (down 7.2% from 1H 2024). Profit margin: 8.3% (down from 12% in 1H 2024). The decrease in margin was driven by higher expenses. EPS: NZ$0.18 (down from NZ$0.20 in
01 Dec 2024, 07:32 AM
Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying the right stocks can give your wealth a significant boost. To wit, the Contact Energy share price has climbed 24% in five years, easily topping the market decline of 7.8% (ignoring d
03 Nov 2024, 08:33 AM
Contact Energy's (NZSE:CEN) stock up by 1.9% over the past month. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price mov
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