Stocks of EQT Corp (NYSE:EQT) traded higher last session on Wall Street, down -0.45% to $44.08.
EQT stock price is now 17.88% away from the 50-day moving average and 20.12% away from the 200-day moving average. The market capitalization of the company currently stands at $26.30B.
On October 03, 2024, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $37 to quote $44, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Jordan William E., EVP, GC AND CORP SEC sold 35,000 shares of the company’s stock on May 29 ’24. The stock was sold for $1,425,200 at an average price of $40.72. Upon completion of the transaction, the EVP, GC AND CORP SEC now directly owns 456,837 shares in the company, valued at $20.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 28 ’24, CHIEF HUMAN RESOURCES OFFICER Evancho Lesley sold 46,884 shares of the business’s stock. A total of $1,935,840 was realized by selling the stock at an average price of $41.29. This leaves the insider owning 160,884 shares of the company worth $7.09 million. A total of 0.76% of the company’s stock is owned by insiders.
During the past 12 months, EQT Corp has had a low of $30.02 and a high of $44.62. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 0.51, and a quick ratio of 0.51. The fifty day moving average price for EQT is $37.1556 and a two-hundred day moving average price translates $36.64805 for the stock.
The latest earnings results from EQT Corp (NYSE: EQT) was released for 2024-09-30. The net profit margin was 6.57% and return on equity was 1.82% for EQT. The company reported revenue of $1.28 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.24 percent.