A new trading day began on Friday, with Evergy Inc (NASDAQ: EVRG) stock price up 1.57% from the previous day of trading, before settling in for the closing price of $50.96. EVRG’s price has ranged from $46.92 to $63.84 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 5.61% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 8.26%. With a float of $226.03 million, this company’s outstanding shares have now reached $229.73 million.
In an organization with 4658 employees, it is important to assess its efficiency.
Evergy Inc (EVRG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Evergy Inc is 1.61%, while institutional ownership is 86.57%. The most recent insider transaction that took place on Jun 14 ’23, was worth 69,755. In this transaction Director of this company sold 1,170 shares at a rate of $59.62, taking the stock ownership to the 4,210 shares. Before that another transaction happened on May 25 ’23, when Company’s SVP & CHIEF HRO & CHIEF DO sold 1,328 for $57.67, making the entire transaction worth $76,585. This insider now owns 27 shares in total.
Evergy Inc (EVRG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 8.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.50% during the next five years compared to 4.86% growth over the previous five years of trading.
Evergy Inc (NASDAQ: EVRG) Trading Performance Indicators
Here are Evergy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.18, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 4.03 in one year’s time.
Technical Analysis of Evergy Inc (EVRG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.77 million. That was inferior than the volume of 2.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.36%. Additionally, its Average True Range was 0.93.
During the past 100 days, Evergy Inc’s (EVRG) raw stochastic average was set at 57.85%, which indicates a significant increase from 57.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.26% in the past 14 days, which was lower than the 19.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.02, while its 200-day Moving Average is $52.61. However, in the short run, Evergy Inc’s stock first resistance to watch stands at $52.14. Second resistance stands at $52.52. The third major resistance level sits at $53.07. If the price goes on to break the first support level at $51.21, it is likely to go to the next support level at $50.66. The third support level lies at $50.28 if the price breaches the second support level.
Evergy Inc (NASDAQ: EVRG) Key Stats
With a market capitalization of 11.89 billion, the company has a total of 229,746K Shares Outstanding. Currently, annual sales are 5,508 M while annual income is 731,300 K. The company’s previous quarter sales were 1,188 M while its latest quarter income was 58,000 K.
