Stocks of Expand Energy Corp (NASDAQ:EXE) traded higher last session on Wall Street, up 2.41% to $107.78.
EXE stock price is now 10.31% away from the 50-day moving average and 24.65% away from the 200-day moving average. The market capitalization of the company currently stands at $24.91B.
With the price target of $112, JP Morgan recently initiated with Overweight rating for Expand Energy Corp (NASDAQ: EXE). On January 10, 2025, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $127, while ‘UBS’ rates the stock as ‘Buy’
In other news, Russ Benjamin, Former Officer bought 4,972 shares of the company’s stock on Jan 02 ’25. The stock was bought for $499,562 at an average price of $100.48. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Director Kehr Catherine A sold 43,623 shares of the business’s stock. A total of $4,343,978 was realized by selling the stock at an average price of $99.58. This leaves the insider owning 5,201 shares of the company worth $0.56 million. A total of 10.45% of the company’s stock is owned by insiders.
During the past 12 months, Expand Energy Corp has had a low of $69.12 and a high of $106.27. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.00, and a quick ratio of 2.00. The fifty day moving average price for EXE is $97.222 and a two-hundred day moving average price translates $86.4003 for the stock.
The latest earnings results from Expand Energy Corp (NASDAQ: EXE) was released for 2024-09-30. The net profit margin was 8.16% and return on equity was 2.48% for EXE. The company reported revenue of $648.0 million for the quarter, compared to $1.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -57.14 percent. For the current quarter, analysts expect EXE to generate $1.79B in revenue.
