Connecticut Light is selling at 37.00 as of the 29th of November 2024; that is 1.2% down since the beginning of the trading day. The stock's last reported lowest price was 37.0. Connecticut Light has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during 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 30th of October 2024 and ending today, the 29th of November 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
The Connecticut Light [CNLTP] 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 243.82 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 973.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52.
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