Cleco Corporation (symbol: CNL) was one of the biggest winners of the
trading day today (2016-03-29), gaining 12.95%. The number of shares that
changed hands was 7,391,382, or about 8.1 times the average daily volume in
the stock.
The closing price was $55.13, amounting to a market cap of $3,330,000,000,
about -0.25% off the highest price in the last 12 months. The stock has
been trading at a range between $44.78 and $55.27.
CNL is in the Electric Utilities: Central industry, part of the Public
Utilities sector.
Looking at its valuation, the stock is now trading at 25.17 times earnings.
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