Contact Energy (CEN) Hits New 1-Year High at $6.97

Shares of Contact Energy Limited (ASX:CEN) hit a new 52-week high on Thursday . The stock traded as high as A$6.97 ($4.94) and last traded at A$6.90 ($4.89), with a volume of 8263 shares trading hands. The stock had previously closed at A$6.97 ($4.94).

The firm has a market cap of $4.87 billion and a price-to-earnings ratio of 53.97. The company has a debt-to-equity ratio of 42.21, a quick ratio of 0.59 and a current ratio of 0.73.

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About Contact Energy (ASX:CEN)

Contact Energy Limited generates and retails electricity, natural gas, and liquefied petroleum gas in New Zealand. The company generates electricity through hydro, geothermal, and thermal sources. It also provides broadband services. The company serves approximately 570,000 customers, such as small business, commercial, and industrial customers.

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