Firstenergy Corp (NYSE:FE) currently has a daily average trading volume of 5.61M but it saw 7666399 shares traded in last market. With a market cap of 22.73B USD, the company’s current market price of $39.38 came rising about 2.79 while comparing to the previous closing price of $38.31. 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 $37.58 while lowest mark touched by it was $39.595.
Taking a look at 20-day trading activity of Firstenergy Corp (FE) gives us an average price of $39.54, while its current price level is -12.43% below from 52-week high level whereas it is 6.98% 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 $39.87 while that of 200 days or SMA-200 reads an average of $41.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.70% during that period while stretching the period over a month that decreases to 2.38%. 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 48.69 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 -2.96% down while it is 0.59% when we observe its performance for the past one month. Year-to-date it is -1.01% down and over the past year, the stock is showing an upside performance of 2.63%.
The company is expected to be releasing its next quarterly report on 2025-Feb-25, for which analysts forecasted an EPS of 0.59 while estimate for next year EPS is 2.56. In next quarter, company is expected to be making quarterly sales of $3.52B as analysts are expecting the sales for current fiscal year at $14.42B and seeing the company making $15.02B in sales next year. Moreover, analysts are in estimates of $3.67B 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 91.29% 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 23.22 while having a 14.24 of forward P/E ratio. Stock’s beta reads 0.41. Stock has a price to book (P/B) ratio of 1.82 while price to sale or P/S ratio amounts to 1.69. Its return on asset (ROA) is 1.94% on average.
