Let’s start up with the current stock price of PPL Corporation (PPL), which is $29.49 to be very precise. The Stock rose vividly during the last session to $33.71 after opening rate of $24.89 while the lowest price it went was recorded $24.89 before closing at $29.32.Recently in News on January 11, 2023, PPL’s updated business plan drives enhanced value for all stakeholders and delivers top-tier earnings and dividend growth. Extends 6% to 8% annual EPS and dividend growth through at least 2026. You can read further details here
PPL Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $31.74 on 01/11/23, with the lowest value was $24.89 for the same time period, recorded on 01/24/23.
PPL Corporation (PPL) full year performance was -0.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PPL Corporation shares are logging -7.09% during the 52-week period from high price, and 25.68% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $23.47 and $31.74.
The company’s shares, operating in the sector of Utilities managed to top a trading volume set approximately around 3330566 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PPL Corporation (PPL) recorded performance in the market was 0.92%, having the revenues showcasing 14.79% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 21.59B, as it employees total of 5607 workers.
Analysts verdict on PPL Corporation (PPL)
During the last month, 10 analysts gave the PPL Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 28.09, with a change in the price was noted +0.14. In a similar fashion, PPL Corporation posted a movement of +0.48% for the period of last 100 days, recording 4,760,371 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PPL is recording 0.99 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.93.
PPL Corporation (PPL): Technical Analysis
Raw Stochastic average of PPL Corporation in the period of last 50 days is set at 67.15%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.15%. In the last 20 days, the company’s Stochastic %K was 35.81% and its Stochastic %D was recorded 25.54%.
Let’s take a glance in the erstwhile performances of PPL Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.92%. Additionally, trading for the stock in the period of the last six months notably improved by 5.89%, alongside a downfall of -0.57% for the period of the last 12 months. The shares increased approximately by -3.60% in the 7-day charts and went down by 0.31% in the period of the last 30 days. Common stock shares were driven by 14.79% during last recorded quarter.