The price of EQT Corp (NYSE:EQT) shares last traded on Wall Street fell -2.07% to $45.92.
EQT stock price is now 20.20% away from the 50-day moving average and 24.52% away from the 200-day moving average. The market capitalization of the company currently stands at $26.83B.
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
On October 03, 2024, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $37 to quote $44, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Jordan William E., EVP, GC AND CORP SEC sold 35,000 shares of the company’s stock on May 29 ’24. The stock was sold for $1,425,200 at an average price of $40.72. Upon completion of the transaction, the EVP, GC AND CORP SEC now directly owns 456,837 shares in the company, valued at $20.98 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 28 ’24, CHIEF HUMAN RESOURCES OFFICER Evancho Lesley sold 46,884 shares of the business’s stock. A total of $1,935,840 was realized by selling the stock at an average price of $41.29. This leaves the insider owning 160,884 shares of the company worth $7.39 million. A total of 0.76% of the company’s stock is owned by insiders.
During the past 12 months, EQT Corp has had a low of $30.02 and a high of $48.02. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 0.51, and a quick ratio of 0.51. The fifty day moving average price for EQT is $38.2032 and a two-hundred day moving average price translates $36.87825 for the stock.
The latest earnings results from EQT Corp (NYSE: EQT) was released for 2024-09-30. The net profit margin was 6.57% and return on equity was 1.82% for EQT. The company reported revenue of $1.28 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.24 percent.
