The Connecticut Light Stock Today

CNPWM Stock  USD 33.70  0.20  0.60%   

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Connecticut Light is selling at 33.70 as of the 29th of March 2024; that is 0.60% increase since the beginning of the trading day. The stock's lowest day price was 33.7. Connecticut Light has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for The Connecticut Light are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. The company has 6.04 M outstanding shares. More on The Connecticut Light

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Connecticut Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Connecticut Light's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Connecticut Light or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorWerner Schweiger
Business ConcentrationUtilities—Regulated Electric, Utilities (View all Sectors)
The Connecticut Light [CNPWM] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Small-Cap' category with a current market capitalization of 234.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Connecticut Light's market, we take the total number of its shares issued and multiply it by Connecticut Light's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Connecticut Light classifies itself under Utilities sector and is part of Utilities—Regulated Electric industry. The entity has 6.04 M outstanding shares. The Connecticut Light has accumulated about 9.2 M in cash with 612.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52.
Check Connecticut Light Probability Of Bankruptcy

Connecticut Light Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Connecticut Light market risk premium is the additional return an investor will receive from holding Connecticut Light long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Connecticut Light. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Connecticut Light's alpha and beta are two of the key measurements used to evaluate Connecticut Light's performance over the market, the standard measures of volatility play an important role as well.

Connecticut Stock Against Markets

Picking the right benchmark for Connecticut Light pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Connecticut Light pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Connecticut Light is critical whether you are bullish or bearish towards The Connecticut Light at a given time. Please also check how Connecticut Light's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Connecticut Light without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Connecticut Light Corporate Management

Elected by the shareholders, the Connecticut Light's board of directors comprises two types of representatives: Connecticut Light inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Connecticut. The board's role is to monitor Connecticut Light's management team and ensure that shareholders' interests are well served. Connecticut Light's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Connecticut Light's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Connecticut Pink Sheet?

Before investing in Connecticut Light, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Connecticut Light. To buy Connecticut Light stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Connecticut Light. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Connecticut Light stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The Connecticut Light stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The Connecticut Light stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The Connecticut Light, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in The Connecticut Light?

The danger of trading The Connecticut Light is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Connecticut Light is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Connecticut Light. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Connecticut Light is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Connecticut Light. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Connecticut Pink Sheet analysis

When running Connecticut Light's price analysis, check to measure Connecticut Light's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Connecticut Light is operating at the current time. Most of Connecticut Light's value examination focuses on studying past and present price action to predict the probability of Connecticut Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Light's price. Additionally, you may evaluate how the addition of Connecticut Light to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Connecticut Light's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connecticut Light is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connecticut Light's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.