The stock of Southern Company (NYSE:SO) last traded at $88.65, down -1.38% from the previous session.
SO stock price is now 4.66% away from the 50-day moving average and 4.21% away from the 200-day moving average. The market capitalization of the company currently stands at $97.23B.
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, WOMACK CHRISTOPHER C, Chairman, President & CEO sold 24,407 shares of the company’s stock on Mar 03 ’25. The stock was sold for $2,199,803 at an average price of $90.13. Upon completion of the transaction, the Chairman, President & CEO now directly owns 87,721 shares in the company, valued at $7.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, EVP & CIO DAVIS MARTIN BERNARD sold 1,125 shares of the business’s stock. A total of $100,811 was realized by selling the stock at an average price of $89.61. This leaves the insider owning 102,090 shares of the company worth $9.05 million. A total of 0.21% of the company’s stock is owned by insiders.
During the past 12 months, Southern Company has had a low of $67.53 and a high of $94.45. As of last week, the company has a debt-to-equity ratio of 2.00, a current ratio of 0.67, and a quick ratio of 0.46.
The net profit margin was 16.47% and return on equity was 13.61% 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.
