The price of Firstenergy Corp (NYSE:FE) shares last traded on Wall Street fell -2.40% to $38.21.
FE stock price is now -4.25% away from the 50-day moving average and -7.00% away from the 200-day moving average. The market capitalization of the company currently stands at $22.04B.
On December 12, 2024, Scotiabank Upgraded its previous ‘Sector Perform’ rating to ‘Sector Outperform’ on the stock keeping its target price maintained at $50, while ‘Seaport Research Partners’ rates the stock as ‘Neutral’
In other news, Walker Christine, Officer bought 6,000 shares of the company’s stock on Sep 12 ’24. The stock was bought for $264,601 at an average price of $44.10. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Firstenergy Corp has had a low of $36.81 and a high of $44.97. As of last week, the company has a debt-to-equity ratio of 1.95, a current ratio of 0.56, and a quick ratio of 0.45. According to the stock market information, the enterprise value for the company is $47997702144, which is based on a 22.53 price-to-earnings ratio, a 4.83 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for FE is $39.908 and a two-hundred day moving average price translates $41.08495 for the stock.
The latest earnings results from Firstenergy Corp (NYSE: FE) was released for 2024-12-31. The net profit margin was 7.26% and return on equity was 8.54% for FE. The company reported revenue of $3.18 billion for the quarter, compared to $3.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.95 percent.
