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Barchart
Barchart
Anushka Dutta

Is Evergy Stock Underperforming the Nasdaq?

Evergy, Inc. (EVRG) is a regulated electric utility that generates, transmits, and distributes power to millions of residential, commercial, and industrial customers in Kansas and Missouri. Evergy is headquartered in Kansas City, Missouri. Evergy’s market capitalization of $19.02 billion makes it’s a “big-cap” stock.

The company’s shares reached a 52-week high of $85.27 on Apr. 9, but are down 3.3% from that level. Over the past three months, Evergy’s stock has gained by a modest 1.2%. On the other hand, the broader Nasdaq Composite ($NASX) index is up 20% over the same period. Therefore, Evergy has underperformed the Nasdaq Composite over this period.

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