Firstenergy Corp (NYSE:FE) currently has a daily average trading volume of 4.69M but it saw 7298910 shares traded in last market. With a market cap of 22.04B USD, the company’s current market price of $38.21 came falling about -2.40 while comparing to the previous closing price of $39.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.97 and as low as $36.81. In the recent trading on the day, stock has struck highest price mark of $38.015 while lowest mark touched by it was $39.025.
Taking a look at 20-day trading activity of Firstenergy Corp (FE) gives us an average price of $40.15, while its current price level is -15.03% below from 52-week high level whereas it is 3.80% 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 $39.91 while that of 200 days or SMA-200 reads an average of $41.08. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 2.31%. 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 40.25 which implies that the stock is in neutral territory.
Scotiabank upgraded its recommendation for the stock as a “Sector Outperform” from “Sector Perform” on December 12, 2024 while assigning a price target of $50.
Over the week, FE’s stock price is moving -0.83% down while it is -4.14% when we observe its performance for the past one month. Year-to-date it is -3.95% down and over the past year, the stock is showing an upside performance of 0.32%.
The company is expected to be releasing its next quarterly report on 2025-Feb-25, for which analysts forecasted an EPS of 0.58 while estimate for next year EPS is 2.7. In next quarter, company is expected to be making quarterly sales of $3.55B as analysts are expecting the sales for current fiscal year at $14.45B and seeing the company making $14.99B in sales next year. Moreover, analysts are in estimates of $3.68B for current-quarter revenue.
Currently, Firstenergy Corp’s total number of outstanding shares is 576.61M with 0.14% of that held by the insiders while 91.27% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.78% and return on equity (ROE) at 8.54%. It has a price to earnings ratio (P/E ratio) of 22.53 while having a 13.52 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 1.77 while price to sale or P/S ratio amounts to 1.64. Its return on asset (ROA) is 1.94% on average.
