In Wednesday’s Wall Street session, EQT Corp (NYSE:EQT) shares traded at $54.24, up 0.86% from the previous session.
EQT stock price is now 10.89% away from the 50-day moving average and 34.55% away from the 200-day moving average. The market capitalization of the company currently stands at $32.36B.
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 $10.94 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 0.83% 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 $54.85. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 0.51, and a quick ratio of 0.51.
The net profit margin was 4.42% 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.
