Southern Company (NYSE:SO) currently has a daily average trading volume of 4.87M but it saw 5241705 shares traded in last market. With a market cap of 81.30B USD, the company’s current market price of $74.52 came rising about 1.39 while comparing to the previous closing price of $73.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $75.80 and as low as $61.56.
Taking a look at 20-day trading activity of Southern Company (SO) gives us an average price of $71.38, while its current price level is -1.69% below from 52-week high level whereas it is 21.05% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $69.98 while that of 200 days or SMA-200 reads an average of $69.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.91% during that period while stretching the period over a month that decreases to 1.85%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.77 which implies that the stock is in neutral territory.
BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on January 11, 2024 while assigning a price target range of $72-$77. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $82.
Over the week, SO’s stock price is moving 0.83% up while it is 4.46% when we observe its performance for the past one month. Year-to-date it is 6.27% up and over the past year, the stock is showing an upside performance of 0.58%.
Currently, Southern Company’s total number of outstanding shares is 1.10B. Company’s return on investment (ROI) stands at 4.42% and return on equity (ROE) at 12.86%. It has a price to earnings ratio (P/E ratio) of 20.56 while having a 17.25 of forward P/E ratio. Stock’s beta reads 0.48. Stock has a price to book (P/B) ratio of 2.60 while price to sale or P/S ratio amounts to 3.22. Its return on asset (ROA) is 2.90% on average.
