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1 Comment
Contact Energy Limited is currently in a long term uptrend where the price is trading 8.5% above its 200 day moving average.
From a valuation standpoint, the stock is 83.8% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.3.
Finally, its free cash flow grew by 0.7% to $74M since the same quarter in the previous year.
Based on the above factors, Contact Energy Limited gets an overall score of 3/5.
ISIN | NZCENE0001S6 |
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Sector | Utilities |
Industry | Utilities - Renewable |
Exchange | F |
CurrencyCode | EUR |
Beta | 0.2 |
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Target Price | None |
Dividend Yield | 5.0% |
Market Cap | 4B |
PE Ratio | 26.75 |
Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates in two segments, Wholesale and Retail. The company is involved in selling electricity to the wholesale electricity market, and commercial and industrial customers; and delivering electricity, natural gas, broadband, and other products and services to mass market customers. It offers bottled gas products. In addition, the company owns and operates hydro, geothermal, and thermal power stations. It serves approximately 625,000 customers. Contact Energy Limited was incorporated in 1995 and is based in Wellington, New Zealand.
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