EQT Corp (EQT) distance from 200-day Simple Moving Average is $39.23: Right on the Precipice

EQT Corp (NYSE: EQT) open the trading on Wednesday, with a bit cautious approach as it glided -0.63% to $37.71, before settling in for the price of $37.95 at the close. Taking a more long-term approach, EQT posted a 52-week range of $30.84-$45.23.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Energy Sector giants’ yearly sales growth during the last 5-year period was 25.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -39.21%. This publicly-traded company’s shares outstanding now amounts to $419.90 million, simultaneously with a float of $412.57 million. The organization now has a market capitalization sitting at $16.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.63, while the 200-day Moving Average is $39.23.

EQT Corp (EQT) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. EQT Corp’s current insider ownership accounts for 6.39%, in contrast to 92.98% institutional ownership. According to the most recent insider trade that took place on Sep 14 ’23, this organization’s 10% Owner sold 20,000,000 shares at the rate of 41.40, making the entire transaction reach 828,000,000 in total value, affecting insider ownership by 23,946,108. Preceding that transaction, on Jun 09 ’23, Company’s CHIEF ACCOUNTING OFFICER sold 31,170 for 38.56, making the whole transaction’s value amount to 1,201,915. This particular insider is now the holder of 39,392 in total.

EQT Corp (EQT) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $0.48 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.53) by -$0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

EQT Corp’s EPS decrease for this current 12-month fiscal period is -39.21% and is forecasted to reach 4.10 in the upcoming year.

EQT Corp (NYSE: EQT) Trading Performance Indicators

Let’s observe the current performance indicators for EQT Corp (EQT). It’s Quick Ratio in the last reported quarter now stands at 0.99. The Stock has managed to achieve an average true range (ATR) of 0.90. Alongside those numbers, its PE Ratio stands at $8.91, and its Beta score is 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.28. Similarly, its price to free cash flow for trailing twelve months is now 14.33.

In the same vein, EQT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.23, a figure that is expected to reach 0.65 in the next quarter, and analysts are predicting that it will be 4.10 at the market close of one year from today.

Technical Analysis of EQT Corp (EQT)

[EQT Corp, EQT] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 81.37% While, its Average True Range was 0.85.

Raw Stochastic average of EQT Corp (EQT) in the period of the previous 100 days is set at 58.45%, which indicates a major fall in contrast to 88.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.35% that was lower than 32.91% volatility it exhibited in the past 100-days period.