Entergy Texas: A New 5.375% Preferred Stock IPO From This Utility [Seeking Alpha]
Entergy Texas Inc 5.375% Series A Preferred Stock, Cumulative, No Par Value (ETI.PR)
Company Research
Source: Seeking Alpha
Entergy Texas: A New 5.375% Preferred Stock IPO From This Utility Summary Overview of Entergy Texas's new preferred stock. Brief view of the company. Comparison with the sector. Comparison with all other BBB- preferred stocks that pay a fixed interest rate. Introduction Our goal is to present to you our IPO analysis for every new fixed-income security that enters the market and to find out if there is any trading potential. In this article, we want to shed light on the newest Preferred Stock issued by Entergy Corp. ETR The New Issue Before we submerge into our brief analysis, here is a link to the 424B2 Filing by Entergy Texas Source: SEC.gov For a total of 1.4M shares issued, the total gross proceeds to the company are $35M. You can find some relevant information about the new preferred units in the table below: Author's spreadsheet Entergy Texas 5.375% Series A Cumulative Preferred Stock Here is how the stock's YTC curve looks like right now: The Company We are a business corporatio
Show less
Read more
Impact Snapshot
Event Time:
ETI.PR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ETI.PR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ETI.PR alerts
High impacting Entergy Texas Inc 5.375% Series A Preferred Stock, Cumulative, No Par Value news events
Weekly update
A roundup of the hottest topics