MGE Energy, Inc (NASDAQ: MGEE) started the day on Wednesday, with a price decrease of -6.88% at $87.70, before settling in for the price of $94.18 at the close. Taking a more long-term approach, MGEE posted a 52-week range of $61.94-$109.22.
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The Utilities sector firm’s twelve-monthly sales growth has been 5.43% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 6.01%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.69%. This publicly-traded company’s shares outstanding now amounts to $36.20 million, simultaneously with a float of $36.11 million. The organization now has a market capitalization sitting at $3.18 billion. At the time of writing, stock’s 50-day Moving Average stood at $98.19, while the 200-day Moving Average is $87.24.
MGE Energy, Inc (MGEE) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Regulated Electric Industry. MGE Energy, Inc’s current insider ownership accounts for 0.28%, in contrast to 61.69% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s Director bought 406 shares at the rate of 87.36, making the entire transaction reach 35,480 in total value, affecting insider ownership by 10,295. Preceding that transaction, on May 30 ’24, Company’s Director bought 58 for 78.00, making the whole transaction’s value amount to 4,497. This particular insider is now the holder of 9,834 in total.
MGE Energy, Inc (MGEE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.96 per share during the current fiscal year.
MGE Energy, Inc’s EPS increase for this current 12-month fiscal period is 5.69% and is forecasted to reach 3.84 in the upcoming year.
MGE Energy, Inc (NASDAQ: MGEE) Trading Performance Indicators
Let’s observe the current performance indicators for MGE Energy, Inc (MGEE). It’s Quick Ratio in the last reported quarter now stands at 0.94. The Stock has managed to achieve an average true range (ATR) of 2.90. Alongside those numbers, its PE Ratio stands at $26.76, and its Beta score is 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.74. Similarly, its price to free cash flow for trailing twelve months is now 181.24.
In the same vein, MGEE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.28, a figure that is expected to reach 0.84 in the next quarter, and analysts are predicting that it will be 3.84 at the market close of one year from today.
Technical Analysis of MGE Energy, Inc (MGEE)
If we take a close look at the recent performances of MGE Energy, Inc (NASDAQ: MGEE), its last 5-days Average volume was 0.21 million that shows progress from its year to date volume of 0.17 million. During the previous 9 days, stock’s Stochastic %D was recorded 49.87% While, its Average True Range was 3.11.
Raw Stochastic average of MGE Energy, Inc (MGEE) in the period of the previous 100 days is set at 9.94%, which indicates a major rise in contrast to 3.17% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.24% that was higher than 26.58% volatility it exhibited in the past 100-days period.
