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In the latest session, Oge Energy Corp. (NYSE: OGE) closed at $38.98 down -0.76% from its previous closing price of $39.28. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 0.64 million shares were traded. OGE stock price reached its highest trading level at $39.21 during the session, while it also had its lowest trading level at $38.86.
Ratios:
For a deeper understanding of Oge Energy Corp.’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 7829795840 and an Enterprise Value of 13152465920. As of this moment, Oge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.06, and their Forward P/E ratio for the next fiscal year is 17.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 4.746 whereas that against EBITDA is 11.183.
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 5.84%, while the 200-Day Moving Average is calculated to be 11.39%.
Shares Statistics:
For the past three months, OGE has traded an average of 1.15M shares per day and 1125200 over the past ten days. A total of 200.30M shares are outstanding, with a floating share count of 199.95M. Insiders hold about 0.46% of the company’s shares, while institutions hold 71.68% stake in the company. Shares short for OGE as of 1722384000 were 4341453 with a Short Ratio of 3.77, 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
According to the company, the forward annual dividend rate for OGE is 1.67, from 1.669 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04248982The stock’s 5-year Average Dividend Yield is 4.5.
