Firstenergy Corp (FE) concluded trading on Thursday at a closing price of $39.16, with 3.54 million shares of worth about $138.62 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.33% during that period and on December 19, 2024 the price saw a gain of about 0.05%. Currently the company’s common shares owned by public are about 576.32M shares, out of which, 575.47M shares are available for trading.
Stock saw a price change of -2.88% in past 5 days and over the past one month there was a price change of -5.82%. Year-to-date (YTD), FE shares are showing a performance of 6.82% which increased to 6.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.41 but also hit the highest price of $44.97 during that period. The average intraday trading volume for Firstenergy Corp shares is 2.80 million. The stock is currently trading -4.50% below its 20-day simple moving average (SMA20), while that difference is down -6.50% for SMA50 and it goes to -3.85% lower than SMA200.
Firstenergy Corp (NYSE: FE) currently have 576.32M outstanding shares and institutions hold larger chunk of about 89.13% of that.
The stock has a current market capitalization of $22.57B and its 3Y-monthly beta is at 0.51. PE ratio of stock for trailing 12 months is 25.29, while it has posted earnings per share of $1.55 in the same period. Its PEG reads 3.82 and has Quick Ratio of 0.46 while making debt-to-equity ratio of 1.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FE, volatility over the week remained 1.45% while standing at 1.27% over the month.
Stock’s fiscal year EPS is expected to rise by 4.43% while it is estimated to increase by 7.91% in next year. EPS is likely to shrink at an annualized rate of 6.62% for next 5-years, compared to annual growth of 11.68% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on December 12, 2024 offering a Sector outperform rating for the stock and assigned a target price of $50 to it. On October 14, 2024, Jefferies Initiated their recommendations, while on September 20, 2024, Argus Upgrade their ratings for the stock with a price target of $50. Stock get a Buy rating from Goldman on April 10, 2024.
