Firstenergy Corp (NYSE: FE) on Friday, plunged -0.24% from the previous trading day, before settling in for the closing price of $41.83. Within the past 52 weeks, FE’s price has moved between $34.92 and $44.97.
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During the last 5-year period, the sales growth of Utilities Sector giant was 2.83%. The company achieved an average annual earnings per share of 4.87%. With a float of $575.47 million, this company’s outstanding shares have now reached $576.32 million.
Let’s determine the extent of company efficiency that accounts for 12042 employees. In terms of profitability, gross margin is 38.36%, operating margin of 17.33%, and the pretax margin is 10.35%.
Firstenergy Corp (FE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Firstenergy Corp is 0.15%, while institutional ownership is 89.36%. The most recent insider transaction that took place on Sep 12 ’24, was worth 264,601. Before that another transaction happened on Nov 27 ’23, when Company’s SVP, CHRO & Corporate Services sold 12,500 for $37.58, making the entire transaction worth $469,781. This insider now owns 36,959 shares in total.
Firstenergy Corp (FE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 4.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.62% during the next five years compared to 11.68% growth over the previous five years of trading.
Firstenergy Corp (NYSE: FE) Trading Performance Indicators
Firstenergy Corp (FE) is currently performing well based on its current performance indicators. A quick ratio of 0.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.55, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 2.89 in one year’s time.
Technical Analysis of Firstenergy Corp (FE)
Looking closely at Firstenergy Corp (NYSE: FE), its last 5-days average volume was 4.34 million, which is a jump from its year-to-date volume of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 6.15%. Additionally, its Average True Range was 0.64.
During the past 100 days, Firstenergy Corp’s (FE) raw stochastic average was set at 53.50%, which indicates a significant increase from 6.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.01% in the past 14 days, which was higher than the 12.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.60, while its 200-day Moving Average is $40.01. However, in the short run, Firstenergy Corp’s stock first resistance to watch stands at $42.02. Second resistance stands at $42.32. The third major resistance level sits at $42.56. If the price goes on to break the first support level at $41.48, it is likely to go to the next support level at $41.24. Now, if the price goes above the second support level, the third support stands at $40.94.
Firstenergy Corp (NYSE: FE) Key Stats
Market capitalization of the company is 23.99 billion based on 576,317K outstanding shares. Right now, sales total 12,870 M and income totals 1,102 M. The company made 3,280 M in profit during its latest quarter, and 45,000 K in sales during its previous quarter.
