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Firstenergy Corp (NYSE: FE) closed the day trading at $41.23 down -0.84% from the previous closing price of $41.58. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 3.05 million shares were traded. FE stock price reached its highest trading level at $41.48 during the session, while it also had its lowest trading level at $40.95.
Ratios:
For a better understanding of FE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.74.
On October 14, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $46.
Argus Upgraded its Hold to Buy on September 20, 2024, while the target price for the stock was maintained at $50.
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 Sep 12 ’24 when Walker Christine bought 6,000 shares for $44.10 per share.
Walker Christine sold 12,500 shares of FE for $469,781 on Nov 27 ’23. The SVP, CHRO & Corporate Services now owns 36,959 shares after completing the transaction at $37.58 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FE now has a Market Capitalization of 23963248640 and an Enterprise Value of 48292548608. As of this moment, Firstenergy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.63, and their Forward P/E ratio for the next fiscal year is 14.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 3.643 whereas that against EBITDA is 12.386.
Stock Price History:
Over the past 52 weeks, FE has reached a high of $44.97, while it has fallen to a 52-week low of $34.92. The 50-Day Moving Average of the stock is -5.13%, while the 200-Day Moving Average is calculated to be 2.81%.
Shares Statistics:
Over the past 3-months, FE traded about 2.85M shares per day on average, while over the past 10 days, FE traded about 3505480 shares per day. A total of 576.32M shares are outstanding, with a floating share count of 575.47M. Insiders hold about 0.15% of the company’s shares, while institutions hold 88.69% stake in the company. Shares short for FE as of 1728950400 were 10958649 with a Short Ratio of 3.85, compared to 1726185600 on 12109713. Therefore, it implies a Short% of Shares Outstanding of 10958649 and a Short% of Float of 2.48.
Dividends & Splits
FE’s forward annual dividend rate is 1.69, up from 1.67 a year ago. Against a Trailing Annual Dividend Yield of 0.040578302The stock’s 5-year Average Dividend Yield is 4.12.
