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 -11.92% away from its 52-week high, while its distance from the 52-week low is 10.00%. The stock’s price range during this period has varied between $36.01 and $44.97. The company, active in the Utilities sector, saw a trading volume of around 12.53 million for the day, considerably higher average daily volume of 3.94 million observed over the last three months.
Firstenergy Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $44.97 on 09/05/24, and the lowest price during that time was $36.01, recorded on 03/04/24.
How Financial Performance Impacts Market Capitalization
Firstenergy Corp (FE) has experienced a quarterly decline of -6.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.84B and boasts a workforce of 12294 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 41.05, with a change in price of -3.85. Similarly, Firstenergy Corp recorded 3,593,554 in trading volume during the last 100 days, posting a change of -8.86%.
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 1.95. Similarly, the long-term debt-to-equity ratio is also 1.82.
FE Stock Stochastic Average
As of today, the raw stochastic average of Firstenergy Corp over the past 50 days is 29.82%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 29.82%. Additionally, the Stochastic %K and %D values for the company were 15.42% and 37.29%, respectively, over the past 20 days.
FE 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 decrease of -0.43%. However, over the past six months, we’ve seen a stronger performance of -9.52%. The price of FE leaped by -0.28% over the last 30 days. And in the last five days, it has fallen by -7.63%.
