In Friday’s Wall Street session, Baker Hughes Co (NASDAQ:BKR) shares traded at $38.98, up 39.00% from the previous session.
BKR stock price is now 0.35 away from the 50-day moving average and Apr 22 AMC away from the 200-day moving average. The market capitalization of the company currently stands at $38.64B.
With the price target reduced from $50 to $49, TD Cowen maintained Buy rating for Baker Hughes Co (NASDAQ: BKR). On December 19, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $53, while ‘Argus’ rates the stock as ‘Buy’
In other news, BORRAS MARIA C, Chief Growth & Experience Ofcr sold 5,585 shares of the company’s stock on Jun 17 ’25. The stock was sold for $223,400 at an average price of $40.00. Upon completion of the transaction, the Chief Growth & Experience Ofcr now directly owns 116,643 shares in the company, valued at $4.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’25, Officer BORRAS MARIA C bought 5,585 shares of the business’s stock. A total of $223,400 was incurred on buying the stock at an average price of $40.00. A total of 0.23% of the company’s stock is owned by insiders.
During the past 12 months, Baker Hughes Co has had a low of $32.12 and a high of $49.40. As of last week, the company has a debt-to-equity ratio of 0.93, a current ratio of 1.45, and a quick ratio of 8.76.
The net profit margin was 10.51% and return on equity was 18.04% for BKR.
