EQT Corp (NYSE:EQT) shares traded -0.06% lower at $53.40 on Wall Street last session.
EQT stock price is now 16.32% away from the 50-day moving average and 37.07% away from the 200-day moving average. The market capitalization of the company currently stands at $31.86B.
With the price target maintained at $54, Scotiabank recently Downgraded its rating from Sector Outperform to Sector Perform for EQT Corp (NYSE: EQT). On January 15, 2025, Bernstein Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $73, while ‘Mizuho’ rates the stock as ‘Outperform’
In other news, KARAM THOMAS F, Director sold 30,154 shares of the company’s stock on Dec 03 ’24. The stock was sold for $1,351,804 at an average price of $44.83. Upon completion of the transaction, the Director now directly owns 201,608 shares in the company, valued at $10.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Director KARAM THOMAS F sold 15,768 shares of the business’s stock. A total of $708,772 was realized by selling the stock at an average price of $44.95. A total of 0.67% of the company’s stock is owned by insiders.
During the past 12 months, EQT Corp has had a low of $30.02 and a high of $53.98. As of last week, the company has a debt-to-equity ratio of 0.68, a current ratio of 0.51, and a quick ratio of 0.51. The fifty day moving average price for EQT is $45.9094 and a two-hundred day moving average price translates $38.957 for the stock.
The latest earnings results from EQT Corp (NYSE: EQT) was released for 2024-09-30. The net profit margin was 6.57% and return on equity was 1.82% for EQT. The company reported revenue of $1.28 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.24 percent.
