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In the latest session, Oge Energy Corp. (NYSE: OGE) closed at $39.69 down -0.85% from its previous closing price of $40.03. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.92 million shares were traded. OGE stock price reached its highest trading level at $40.26 during the session, while it also had its lowest trading level at $39.68.
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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 20, 2024, initiated with a Buy rating and assigned the stock a target price of $46.
Barclays Downgraded its Overweight to Equal Weight on April 22, 2024, while the target price for the stock was maintained at $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 8040717312 and an Enterprise Value of 13234822144. As of this moment, Oge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.41, and their Forward P/E ratio for the next fiscal year is 17.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 4.775 whereas that against EBITDA is 11.253.
Stock Price History:
Over the past 52 weeks, OGE has reached a high of $41.48, while it has fallen to a 52-week low of $32.06. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be 8.99%.
Shares Statistics:
For the past three months, OGE has traded an average of 934.10K shares per day and 817890 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 70.75% stake in the company. Shares short for OGE as of 1728950400 were 3735912 with a Short Ratio of 4.00, compared to 1726185600 on 3677093. Therefore, it implies a Short% of Shares Outstanding of 3735912 and a Short% of Float of 2.4300002000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for OGE is 1.68, from 1.669 in the trailing year. Against a Trailing Annual Dividend Yield of 0.041693732The stock’s 5-year Average Dividend Yield is 4.53.
