Oge Energy Corp (NYSE:OGE) currently has a daily average trading volume of 1.32M but it saw 934838 shares traded in last market. With a market cap of 9.11B USD, the company’s current market price of $45.04 came falling about -0.51 while comparing to the previous closing price of $45.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $46.91 and as low as $33.46. In the recent trading on the day, stock has struck highest price mark of $44.78 while lowest mark touched by it was $45.59.
Taking a look at 20-day trading activity of Oge Energy Corp (OGE) gives us an average price of $44.63, while its current price level is -3.99% below from 52-week high level whereas it is 34.61% 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 $44.64 while that of 200 days or SMA-200 reads an average of $41.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.16% during that period while stretching the period over a month that increases to 2.70%. 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 53.47 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on January 21, 2025 while assigning a price target range of $40-$47. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $46.
Over the week, OGE’s stock price is moving 0.58% up while it is -0.13% when we observe its performance for the past one month. Year-to-date it is 9.19% up and over the past year, the stock is showing an upside performance of 32.28%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.22 while estimate for next year EPS is 2.28. In next quarter, company is expected to be making quarterly sales of $751.49M as analysts are expecting the sales for current fiscal year at $3.14B and seeing the company making $3.24B in sales next year. Moreover, analysts are in estimates of $652.17M for current-quarter revenue.
Currently, Oge Energy Corp’s total number of outstanding shares is 201.00M with 0.40% of that held by the insiders while 74.17% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.55% and return on equity (ROE) at 9.65%. It has a price to earnings ratio (P/E ratio) of 20.54 while having a 18.53 of forward P/E ratio. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 1.95 while price to sale or P/S ratio amounts to 3.05. Its return on asset (ROA) is 3.33% on average.
