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After finishing at $39.30 in the prior trading day, Oge Energy Corp. (NYSE: OGE) closed at $39.56, up 0.66%. In other words, the price has increased by $0.66 from its previous closing price. On the day, 1.45 million shares were traded. OGE stock price reached its highest trading level at $39.58 during the session, while it also had its lowest trading level at $39.28.
Ratios:
Our goal is to gain a better understanding of OGE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.08.
On April 22, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $34.
Ladenburg Thalmann Downgraded its Buy to Neutral on January 16, 2024, whereas the target price for the stock was revised from $36 to $34.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when McQuistion Cristina F sold 4,187 shares for $33.92 per share. The transaction valued at 142,006 led to the insider holds 25,926 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OGE now has a Market Capitalization of 7946298880 and an Enterprise Value of 13208709120. As of this moment, Oge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.35, and their Forward P/E ratio for the next fiscal year is 17.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 4.766 whereas that against EBITDA is 11.231.
Stock Price History:
Over the past 52 weeks, OGE has reached a high of $40.36, while it has fallen to a 52-week low of $31.25. The 50-Day Moving Average of the stock is 6.63%, while the 200-Day Moving Average is calculated to be 12.72%.
Shares Statistics:
The stock has traded on average 1.15M shares per day over the past 3-months and 991860 shares per day over the last 10 days, according to various share statistics. A total of 200.30M shares are outstanding, with a floating share count of 199.83M. Insiders hold about 0.52% of the company’s shares, while institutions hold 71.67% stake in the company. Shares short for OGE as of 1722384000 were 4341453 with a Short Ratio of 3.76, compared to 1719532800 on 4845821. Therefore, it implies a Short% of Shares Outstanding of 4341453 and a Short% of Float of 2.8199999.
Dividends & Splits
In the trailing 12 months, OGE’s forward annual dividend rate was 1.669, compared to 1.67 this year. Against a Trailing Annual Dividend Yield of 0.042468194The stock’s 5-year Average Dividend Yield is 4.5.
