Market Momentum: Constellation Energy Corporation (CEG) Registers a -2.66 Decrease, Closing at 170.43

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Constellation Energy Corporation (NASDAQ: CEG) closed the day trading at $170.43 down -2.66% from the previous closing price of $175.08. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 5.51 million shares were traded. CEG stock price reached its highest trading level at $176.7 during the session, while it also had its lowest trading level at $165.87.

Ratios:

For a better understanding of CEG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.75.

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, Argus on July 19, 2024, initiated with a Buy rating and assigned the stock a target price of $240.

On February 28, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $190.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CEG now has a Market Capitalization of 55204319232 and an Enterprise Value of 63507476480. As of this moment, Constellation’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.75, and their Forward P/E ratio for the next fiscal year is 19.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 4.79. Its current Enterprise Value per Revenue stands at 2.701 whereas that against EBITDA is 12.684.

Stock Price History:

Over the past 52 weeks, CEG has reached a high of $236.30, while it has fallen to a 52-week low of $94.43. The 50-Day Moving Average of the stock is -19.43%, while the 200-Day Moving Average is calculated to be 6.86%.

Shares Statistics:

Over the past 3-months, CEG traded about 3.26M shares per day on average, while over the past 10 days, CEG traded about 3721160 shares per day. A total of 317.00M shares are outstanding, with a floating share count of 314.67M. Insiders hold about 0.18% of the company’s shares, while institutions hold 83.45% stake in the company. Shares short for CEG as of 1721001600 were 4009736 with a Short Ratio of 1.23, compared to 1718323200 on 5188433. Therefore, it implies a Short% of Shares Outstanding of 4009736 and a Short% of Float of 1.4400001.

Dividends & Splits

CEG’s forward annual dividend rate is 1.27, up from 1.199 a year ago. Against a Trailing Annual Dividend Yield of 0.006848298

Most Popular