On Tuesday, Oge Energy Corp (NYSE: OGE) opened higher 0.12% from the last session, before settling in for the closing price of $42.78. Price fluctuations for OGE have ranged from $32.06 to $44.41 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 7.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted 4.27% at the time writing. With a float of $200.02 million, this company’s outstanding shares have now reached $200.90 million.
In an organization with 2329 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 46.54%, operating margin of 23.62%, and the pretax margin is 15.97%.
Oge Energy Corp (OGE) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Oge Energy Corp is 0.46%, while institutional ownership is 70.29%. The most recent insider transaction that took place on Nov 13 ’24, was worth 99,980. Before that another transaction happened on Nov 13 ’24, when Company’s VP- Corp. Resp.& Stewardship sold 5,008 for $42.84, making the entire transaction worth $214,522. This insider now owns 20,918 shares in total.
Oge Energy Corp (OGE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 4.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -0.45% drop over the previous five years of trading.
Oge Energy Corp (NYSE: OGE) Trading Performance Indicators
Check out the current performance indicators for Oge Energy Corp (OGE). In the past quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.93, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.27 in one year’s time.
Technical Analysis of Oge Energy Corp (OGE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was inferior than the volume of 1.28 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.92%. Additionally, its Average True Range was 0.74.
During the past 100 days, Oge Energy Corp’s (OGE) raw stochastic average was set at 80.84%, which indicates a significant increase from 41.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.90% in the past 14 days, which was higher than the 16.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.51, while its 200-day Moving Average is $37.54. However, in the short run, Oge Energy Corp’s stock first resistance to watch stands at $43.11. Second resistance stands at $43.39. The third major resistance level sits at $43.64. If the price goes on to break the first support level at $42.58, it is likely to go to the next support level at $42.33. The third support level lies at $42.05 if the price breaches the second support level.
Oge Energy Corp (NYSE: OGE) Key Stats
There are currently 200,948K shares outstanding in the company with a market cap of 8.61 billion. Presently, the company’s annual sales total 2,674 M according to its annual income of 416,800 K. Last quarter, the company’s sales amounted to 965,400 K and its income totaled 218,700 K.