In Thursday’s Wall Street session, Southern Company (NYSE:SO) shares traded at $87.82, up 1.55% from the previous session.
SO stock price is now 5.00% away from the 50-day moving average and 3.87% away from the 200-day moving average. The market capitalization of the company currently stands at $96.22B.
On September 20, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $94, while ‘Mizuho’ rates the stock as ‘Neutral’
In other news, Cummiskey Christopher, EVP sold 944 shares of the company’s stock on Feb 19 ’25. The stock was sold for $81,184 at an average price of $86.00. Upon completion of the transaction, the EVP now directly owns 34,837 shares in the company, valued at $3.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Officer Cummiskey Christopher bought 944 shares of the business’s stock. A total of $81,184 was incurred on buying the stock at an average price of $86.00. A total of 0.23% of the company’s stock is owned by insiders.
During the past 12 months, Southern Company has had a low of $65.99 and a high of $94.45. As of last week, the company has a debt-to-equity ratio of 1.95, a current ratio of 0.91, and a quick ratio of 0.63.
The net profit margin was 16.47% and return on equity was 14.60% for SO. The company reported revenue of $6.34 billion for the quarter, compared to $6.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.9 percent.
