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Oge Energy Corp. (NYSE: OGE) closed the day trading at $39.36 up 0.13% from the previous closing price of $39.31. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.71 million shares were traded. OGE stock price reached its highest trading level at $39.38 during the session, while it also had its lowest trading level at $38.94.
Ratios:
For a better understanding of OGE, let’s 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 7906125312 and an Enterprise Value of 13168535552. As of this moment, Oge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.25, and their Forward P/E ratio for the next fiscal year is 17.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 4.751 whereas that against EBITDA is 11.197.
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 4.70%, while the 200-Day Moving Average is calculated to be 11.68%.
Shares Statistics:
Over the past 3-months, OGE traded about 1.14M shares per day on average, while over the past 10 days, OGE traded about 981340 shares per day. 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 71.57% stake in the company. Shares short for OGE as of 1723680000 were 4143713 with a Short Ratio of 3.62, compared to 1721001600 on 4661266. Therefore, it implies a Short% of Shares Outstanding of 4143713 and a Short% of Float of 2.69.
Dividends & Splits
OGE’s forward annual dividend rate is 1.67, up from 1.669 a year ago. Against a Trailing Annual Dividend Yield of 0.04245739The stock’s 5-year Average Dividend Yield is 4.5.
