The stock of PG&E Corp (NYSE:PCG) last traded at $16.01, up 0.13% from the previous session.
PCG stock price is now -8.85% away from the 50-day moving average and -14.61% away from the 200-day moving average. The market capitalization of the company currently stands at $35.12B.
On February 14, 2025, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $20 to quote $16.50, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, Harris Arno Lockheart, Director bought 6,389 shares of the company’s stock on Feb 20 ’25. The stock was bought for $100,052 at an average price of $15.66. Upon completion of the transaction, the Director now directly owns 14,864 shares in the company, valued at $0.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 12 ’24, Director FLEXON ROBERT C bought 10,000 shares of the business’s stock. A total of $216,250 was incurred on buying the stock at an average price of $21.62. A total of 0.51% of the company’s stock is owned by insiders.
During the past 12 months, PG&E Corp has had a low of $14.99 and a high of $21.72. As of last week, the company has a debt-to-equity ratio of 1.94, a current ratio of 1.05, and a quick ratio of 1.00.
The net profit margin was 10.14% and return on equity was 9.10% for PCG. The company reported revenue of $6.63 billion for the quarter, compared to $7.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.82 percent.
