The stock of Expand Energy Corp (NASDAQ:EXE) last traded at $100.97, up 2.76% from the previous session.
EXE stock price is now 17.30% away from the 50-day moving average and 20.94% away from the 200-day moving average. The market capitalization of the company currently stands at $23.33B.
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On September 27, 2024, ROTH MKM recently initiated its ‘Buy’ rating on the stock quoting a target price of $92, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Russ Benjamin, Former Officer bought 2,552 shares of the company’s stock on Nov 20 ’24. The stock was bought for $252,648 at an average price of $99.00. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’24, Former Officer Russ Benjamin bought 2,000 shares of the business’s stock. A total of $183,760 was incurred on buying the stock at an average price of $91.88. A total of 10.46% of the company’s stock is owned by insiders.
During the past 12 months, Expand Energy Corp has had a low of $69.12 and a high of $99.57. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.00, and a quick ratio of 2.00. The fifty day moving average price for EXE is $85.509 and a two-hundred day moving average price translates $83.4095 for the stock.
The latest earnings results from Expand Energy Corp (NASDAQ: EXE) was released for 2024-09-30. The net profit margin was 8.16% and return on equity was 2.48% for EXE. The company reported revenue of $648.0 million for the quarter, compared to $1.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -57.14 percent.
