Southern Company (NYSE: SO) kicked off on Monday, up 0.09% from the previous trading day, before settling in for the closing price of $90.10. Over the past 52 weeks, SO has traded in a range of $61.56-$90.85.
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Annual sales at Utilities sector company grew by 2.46% over the past five years. While this was happening, its average annual earnings per share was recorded 10.65%. With a float of $1.09 billion, this company’s outstanding shares have now reached $1.10 billion.
Let’s look at the performance matrix of the company that is accounted for 28100 employees.
Southern Company (SO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Southern Company is 0.19%, while institutional ownership is 67.67%. The most recent insider transaction that took place on Sep 06 ’24, was worth 587,830. In this transaction EVP & Pres. External Affairs of this company sold 6,565 shares at a rate of $89.54, taking the stock ownership to the 44,467 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Officer proposed sale 6,565 for $89.54, making the entire transaction worth $587,830.
Southern Company (SO) Performance Highlights and Predictions
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According to the Wall Street analysts, stocks earnings will be around 10.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.30% during the next five years compared to 10.78% growth over the previous five years of trading.
Southern Company (NYSE: SO) Trading Performance Indicators
Take a look at Southern Company’s (SO) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.19, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 4.32 in one year’s time.
Technical Analysis of Southern Company (SO)
Southern Company (NYSE: SO) saw its 5-day average volume 4.96 million, a positive change from its year-to-date volume of 4.48 million. As of the previous 9 days, the stock’s Stochastic %D was 61.17%. Additionally, its Average True Range was 1.24.
During the past 100 days, Southern Company’s (SO) raw stochastic average was set at 95.29%, which indicates a significant increase from 76.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.66% in the past 14 days, which was lower than the 15.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.14, while its 200-day Moving Average is $76.49. Nevertheless, the first resistance level for the watch stands at $90.69 in the near term. At $91.20, the stock is likely to face the second major resistance level. The third major resistance level sits at $91.77. If the price goes on to break the first support level at $89.61, it is likely to go to the next support level at $89.04. Assuming the price breaks the second support level, the third support level stands at $88.53.
Southern Company (NYSE: SO) Key Stats
The company with the Market Capitalisation of 98.71 billion has total of 1,093,426K Shares Outstanding. Its annual sales at the moment are 25,253 M in contrast with the sum of 3,976 M annual income. Company’s last quarter sales were recorded 6,463 M and last quarter income was 1,203 M.
