Stocks of Exelon Corp. [EXC] are gaining investors’ attention: here’s why

Stocks of Exelon Corp. (NASDAQ:EXC) traded higher last session on Wall Street, up 0.54% to $40.77.

EXC stock price is now 6.46% away from the 50-day moving average and 11.04% away from the 200-day moving average. The market capitalization of the company currently stands at $40.79B.

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With the price target of $46, Jefferies recently initiated with Buy rating for Exelon Corp. (NASDAQ: EXC). On January 10, 2024, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $36 to quote $39, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’

A total of 0.08% of the company’s stock is owned by insiders.

During the past 12 months, Exelon Corp. has had a low of $33.35 and a high of $41.48. As of last week, the company has a debt-to-equity ratio of 1.77, a current ratio of 1.03, and a quick ratio of 0.93. According to the stock market information, the enterprise value for the company is $86052315136, which is based on a 16.82 price-to-earnings ratio, a 1.98 price-to-earnings-growth ratio, and a beta of 0.52. The fifty day moving average price for EXC is $38.3854 and a two-hundred day moving average price translates $36.71645 for the stock.

The latest earnings results from Exelon Corp. (NASDAQ: EXC) was released for 2024-06-30. The net profit margin was 10.65% and return on equity was 9.46% for EXC. The company reported revenue of $5.36 billion for the quarter, compared to $4.82 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.27 percent.

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