Clearway Energy (NYSE:CWEN.A) Shares Down 3.6% – Here’s What Happened

Clearway Energy, Inc. (NYSE:CWEN.AGet Free Report) was down 3.6% on Thursday . The company traded as low as $31.16 and last traded at $30.43. Approximately 110,947 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 202,478 shares. The stock had previously closed at $31.57.

Clearway Energy Stock Performance

The company’s 50 day simple moving average is $32.11 and its two-hundred day simple moving average is $30.04.

About Clearway Energy

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Clearway Energy Inc is a U.S.-based independent power producer that owns, operates and acquires a diversified portfolio of renewable and conventional energy assets. The company focuses on the development, financing, construction and long-term management of utility-scale solar and wind projects, as well as natural gas and thermal generation facilities. Through power purchase agreements (PPAs) and other long-term contracts, Clearway Energy delivers electricity and capacity services to utilities, municipalities and large commercial customers.

The company’s renewables platform includes utility-scale and distributed solar projects alongside onshore wind farms located in key U.S.

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