Expand Energy Corp. (EXE): The Latest Casualty Of Increased Volatility?

Expand Energy Corp. (NASDAQ:EXE) does about 2.21M shares in volume on a normal day but saw 3462593 shares change hands in the recent trading day. The company now has a market cap of 19.43B USD. Its current market price is $85.63, marking an increase of 0.49% compared to the previous close of $85.21. The 52 week high reached by this stock is $93.44 whilst the lowest price level in 52 weeks is $69.12.

Expand Energy Corp. (EXE) has a 20-day trading average at $77.71 and the current price is -8.35% off the 52-week high compared with 23.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $74.96 and its 200-day simple moving average is $81.50. If we look at the stock’s price movements over the week, volatility stands at 2.16%, which increases to 2.64% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 73.70 to suggest the stock is overbought.

The consensus objective for the share price is $96.89, suggesting that the stock has a potential upside of 11.62% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 27, 2024 when ROTH MKM initiated the stock to “Buy” and issued a price target of $92. Barclays initiated its price target at $102.

The current price level is 11.25%, 14.48%, and 5.21% away from its SMA20, SMA50, and SMA200 respectively, with the EXE price moving above the 50-day SMA on current market day. Expand Energy Corp. (EXE) stock is up 3.67% over the week and 18.93% over the past month. Its price is 11.47% year-to-date and 4.35% over the past year.

To reach the target analysts have set, the stock logically needs to grow 11.62 percent from here.

The company has a return on investment of 3.53% and return on equity of 4.22%. The price to earnings ratio (P/E ratio) amounts to 28.87 while the forward price to earnings ratio is 16.41. The beta has a value of 0.45. Price to book ratio is 1.08 and price to sales ratio is 4.94.