Vistra Corp (NYSE:VST) shares traded 6.21% higher at $102.10 on Wall Street last session.
VST stock price is now 33.91% away from the 50-day moving average and 115.70% away from the 200-day moving average. The market capitalization of the company currently stands at $35.48B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $82, Janney recently initiated with Buy rating for Vistra Corp (NYSE: VST). On September 30, 2021, BofA Securities reiterated its ‘Buy’ rating on the stock and kept its target price maintained at $23, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, Kirby Carrie Lee, EVP and Chief Admin. Officer sold 72,748 shares of the company’s stock on Mar 14 ’24. The stock was sold for $4,555,850 at an average price of $62.63. Upon completion of the transaction, the EVP and Chief Admin. Officer now directly owns 184,201 shares in the company, valued at $18.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’24, EVP & President Vistra Retail HUDSON SCOTT A sold 86,517 shares of the business’s stock. A total of $5,114,411 was realized by selling the stock at an average price of $59.11. This leaves the insider owning 254,932 shares of the company worth $26.03 million. A total of 0.77% of the company’s stock is owned by insiders.
During the past 12 months, Vistra Corp has had a low of $23.53 and a high of $98.11. As of last week, the company has a debt-to-equity ratio of 2.90, a current ratio of 1.07, and a quick ratio of 0.96. The fifty day moving average price for VST is $77.0272 and a two-hundred day moving average price translates $47.69365 for the stock.
The latest earnings results from Vistra Corp (NYSE: VST) was released for 2024-03-31. The net profit margin was 4.10% and return on equity was 13.98% for VST. The company reported revenue of $3.05 billion for the quarter, compared to $4.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.98 percent.
