Southern Company (NYSE: SO) Loses -11.83% From High. Why That Could Change?

Currently, there are 1.10B common shares owned by the public and among those 1.09B shares have been available to trade.

The company’s stock has a 5-day price change of -1.32% and -6.44% over the past three months. SO shares are trading 18.77% year to date (YTD), with the 12-month market performance up to 17.53% higher. It has a 12-month low price of $65.80 and touched a high of $94.45 over the same period. SO has an average intraday trading volume of 4.33 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.34%, -5.78%, and 1.77% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Southern Company (NYSE: SO) shares accounts for 68.45% of the company’s 1.10B shares outstanding.

It has a market capitalization of $91.25B and a beta (3y monthly) value of 0.50. The stock’s trailing 12-month PE ratio is 19.40, while the earnings-per-share (ttm) stands at $4.29. The company has a PEG of 3.03 and a Quick Ratio of 0.63 with the debt-to-equity ratio at 1.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.59% over the week and 1.48% over the month.

Earnings per share for the fiscal year are expected to increase by 10.66%, and 6.90% over the next financial year. EPS should shrink at an annualized rate of 6.40% over the next five years, compared to 10.78% over the past 5-year period.

Looking at the support for the SO, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on September 20, 2024, with the firm’s price target at $94. Mizuho coverage for the Southern Company (SO) stock in a research note released on September 16, 2024 offered a Neutral rating with a price target of $90. BMO Capital Markets on their part issued Outperform rating on January 11, 2024.

Most Popular

Related Posts