The stock of Firstenergy Corp (NYSE:FE) last traded at $41.83, down -0.81% from the previous session.
FE stock price is now -4.13% away from the 50-day moving average and 4.62% away from the 200-day moving average. The market capitalization of the company currently stands at $24.11B.
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On October 14, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $46, while ‘Argus’ rates the stock as ‘Buy’
In other news, Walker Christine, Officer bought 6,000 shares of the company’s stock on Sep 12 ’24. The stock was bought for $264,601 at an average price of $44.10. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’23, SVP, CHRO & Corporate Services Walker Christine sold 12,500 shares of the business’s stock. A total of $469,781 was realized by selling the stock at an average price of $37.58. This leaves the insider owning 36,959 shares of the company worth $1.55 million. A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, Firstenergy Corp has had a low of $34.92 and a high of $44.97. As of last week, the company has a debt-to-equity ratio of 1.91, a current ratio of 0.56, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $48638341120, which is based on a 27.02 price-to-earnings ratio, a 4.00 price-to-earnings-growth ratio, and a beta of 0.49. The fifty day moving average price for FE is $43.6328 and a two-hundred day moving average price translates $39.98235 for the stock.
The latest earnings results from Firstenergy Corp (NYSE: FE) was released for 2024-09-30. The net profit margin was 6.64% and return on equity was 7.79% for FE. The company reported revenue of $3.73 billion for the quarter, compared to $3.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.94 percent.
