Pounding Higher, Is There More to Come From: PNM Resources, Inc. (NYSE:PNM)

PNM Resources, Inc. (NYSE:PNM) shares have climbed higher recently touching a new 52-week peak. The stock has seen a price of $44.15 according to a recent bid. Interested investors will be keeping an eye on the stock to see if it will continue to track upwards.Stock Performance

Since the start of the calendar year, PNM Resources, Inc. (NYSE:PNM)’s stock has changed 27.70%. Over the last five trading sessions, the stock has moved 3.30%. For the past month, PNM Resources, Inc.’s stock has been 5.93%, 5.16% for the last quarter, 19.35% for the past six months and 35.81% for the past 52 weeks.

Based on current stock levels, PNM Resources, Inc. shares are trading 0.00% off of the 50-day high and 10.24% away from the 50-day low.

EPS Watch

PNM Resources, Inc. (NYSE:PNM)’s EPS growth this year is 647.20% and the trailing 12-month EPS is $1.98. Covering sell-side analysts are estimating company growth for next year to be -5.02%. On a consensus basis, analysts have given a recommendation of 3.20 on company shares.

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