In yesterday’s Wall Street session, Baker Hughes Co (NASDAQ:BKR) shares traded at $39.08, up 1.96% from the previous session.
BKR stock price is now 3.81% away from the 50-day moving average and -2.75% away from the 200-day moving average. The market capitalization of the company currently stands at $38.72B.
With the price target reduced from $50 to $49, TD Cowen maintained Buy rating for Baker Hughes Co (NASDAQ: BKR). On December 19, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $53, while ‘Argus’ rates the stock as ‘Buy’
In other news, BORRAS MARIA C, Officer bought 54,335 shares of the company’s stock on Jun 09 ’25. The stock was bought for $2,077,770 at an average price of $38.24. An SEC document containing details of the transaction can be found on the SEC’s website. On May 07 ’25, SVP, Enterprise Op Excellence Apostolides James E sold 3,800 shares of the business’s stock. A total of $138,662 was realized by selling the stock at an average price of $36.49. This leaves the insider owning 20,349 shares of the company worth $0.8 million. A total of 0.23% of the company’s stock is owned by insiders.
During the past 12 months, Baker Hughes Co has had a low of $30.93 and a high of $49.40. As of last week, the company has a debt-to-equity ratio of 0.35, a current ratio of 1.34, and a quick ratio of 0.93. The net profit margin was 10.51% and return on equity was 18.04% for BKR.
