The stock of Baker Hughes Co (NASDAQ:BKR) last traded at $42.89, up 2.36% from the previous session.
BKR stock price is now -3.67% away from the 50-day moving average and 11.02% away from the 200-day moving average. The market capitalization of the company currently stands at $42.47B.
With the price target of $53, Piper Sandler recently initiated with Overweight rating for Baker Hughes Co (NASDAQ: BKR). , while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Apostolides James E, Officer bought 4,660 shares of the company’s stock on Mar 07 ’25. The stock was bought for $196,699 at an average price of $42.21. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’25, EVP & Chief Financial Officer Buese Nancy sold 80,000 shares of the business’s stock. A total of $3,709,600 was realized by selling the stock at an average price of $46.37. This leaves the insider owning 6,299 shares of the company worth $0.27 million. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, Baker Hughes Co has had a low of $30.43 and a high of $49.40. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.32, and a quick ratio of 0.94.
The net profit margin was 10.70% and return on equity was 18.47% for BKR. The company reported revenue of $7.36 billion for the quarter, compared to $6.83 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.76 percent.
