Public Service Enterprise Group Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $67.51 on 04/02/24, while the lowest price for the same period was registered at $53.71 on 10/03/23.
52-week price history of PEG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Public Service Enterprise Group Inc.’s current trading price is -0.41% away from its 52-week high, while its distance from the 52-week low is 25.17%. The stock’s price range during this period has spanned from $53.71 to $67.51. In the Utilities sector, the Public Service Enterprise Group Inc.’s shares surpassed a trading volume of approximately 3.34 million for the day, which was noticeably higher compared to the average daily volume of 9.2.9 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Public Service Enterprise Group Inc. (PEG) has experienced a quarterly rise of 17.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.52B and boasts a workforce of 12543 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.30, with a change in price of +3.94. Similarly, Public Service Enterprise Group Inc. recorded 2,996,329 in trading volume during the last 100 days, posting a change of +6.23%.
Examining PEG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PEG stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.16.
PEG Stock Stochastic Average
Today, Public Service Enterprise Group Inc.’s raw stochastic average for the past 50 days stands at 97.23%, indicating a rise from the raw stochastic average of the last 20 days, which was 91.95%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.89% and 66.64% respectively.
PEG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 9.94%. However, over the past six months, we’ve seen a weaker performance of 13.64%. The price of PEG fallen by 2.92% over the last 30 days. And in the last five days, it has surged by 3.38%.
