Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Firstenergy Corp’s current trading price is -8.07% away from its 52-week high, while its distance from the 52-week low is 16.75%. The stock’s price range during this period has varied between $35.41 and $44.97. The company, active in the Utilities sector, saw a trading volume of around 2.01 million for the day, considerably lower average daily volume of 2.88 million observed over the last three months.
Firstenergy Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $44.97 on 09/05/24, and the lowest price during the same period was recorded at $35.41 on 02/08/24.
How Financial Performance Impacts Market Capitalization
Firstenergy Corp (FE) has experienced a quarterly decline of -6.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.82B and boasts a workforce of 12042 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 42.63, with a change in price of +2.37. Similarly, Firstenergy Corp recorded 2,808,043 in trading volume during the last 100 days, posting a change of +6.08%.
How FE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FE stands at 1.91. Similarly, the long-term debt-to-equity ratio is also 1.74.
FE Stock Stochastic Average
As of today, the raw stochastic average of Firstenergy Corp over the past 50 days is 17.35%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 30.77%. Additionally, the Stochastic %K and %D values for the company were 30.77% and 39.67%, respectively, over the past 20 days.
FE Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 12.77%.However, over the last six months, we can see a weaker performance of 5.73%. Over the last 30 days, the price of FE has leaped by -1.34%. And in the last five days, it has fallen by -3.00%.
