Firstenergy Corp (NYSE: FE) kicked off on Monday, down -0.08% from the previous trading day, before settling in for the closing price of $39.67. Over the past 52 weeks, FE has traded in a range of $35.41-$44.97.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 2.83%. While this was happening, its average annual earnings per share was recorded 4.42%. With a float of $575.49 million, this company’s outstanding shares have now reached $576.32 million.
Considering the fact that the conglomerate employs 12042 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.53%, operating margin of 17.33%, and the pretax margin is 10.35%.
Firstenergy Corp (FE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Firstenergy Corp is 0.14%, while institutional ownership is 89.13%. The most recent insider transaction that took place on Sep 12 ’24, was worth 264,601.
Firstenergy Corp (FE) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 4.42% 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
Take a look at Firstenergy Corp’s (FE) current performance indicators. Last quarter, stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.55, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 2.88 in one year’s time.
Technical Analysis of Firstenergy Corp (FE)
Compared to the last year’s volume of 2.91 million, its volume of 1.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.13%. Additionally, its Average True Range was 0.53.
During the past 100 days, Firstenergy Corp’s (FE) raw stochastic average was set at 13.47%, which indicates a significant decrease from 41.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.95% in the past 14 days, which was lower than the 12.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.47, while its 200-day Moving Average is $40.78. Nevertheless, the first resistance level for the watch stands at $39.82 in the near term. At $39.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.26. If the price goes on to break the first support level at $39.38, it is likely to go to the next support level at $39.11. Should the price break the second support level, the third support level stands at $38.94.
Firstenergy Corp (NYSE: FE) Key Stats
The company with the Market Capitalisation of 22.77 billion has total of 576,317K Shares Outstanding. Its annual sales at the moment are 12,870 M in contrast with the sum of 1,102 M annual income. Company’s last quarter sales were recorded 3,729 M and last quarter income was 419,000 K.
