Stocks of Constellation Energy Corporation (NASDAQ:CEG) traded higher last session on Wall Street, down -2.08% to $268.12.
CEG stock price is now 22.84% away from the 50-day moving average and 12.99% away from the 200-day moving average. The market capitalization of the company currently stands at $84.00B.
With the price target maintained at $232, Citigroup recently Upgraded its rating from Neutral to Buy for Constellation Energy Corporation (NASDAQ: CEG). On December 12, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $237 to quote $269, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, Bauer Matthew N, SVP & Controller sold 4,000 shares of the company’s stock on Feb 20 ’25. The stock was sold for $1,241,581 at an average price of $310.40. Upon completion of the transaction, the SVP & Controller now directly owns 6,587 shares in the company, valued at $1.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Officer MATTHEW BAUER bought 4,000 shares of the business’s stock. A total of $1,241,581 was incurred on buying the stock at an average price of $310.40. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Constellation Energy Corporation has had a low of $155.60 and a high of $352.00. As of last week, the company has a debt-to-equity ratio of 0.65, a current ratio of 1.47, and a quick ratio of 1.24.
The net profit margin was 12.18% and return on equity was 24.71% for CEG. The company reported revenue of $6.79 billion for the quarter, compared to $6.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.18 percent.
