EQT Corp (NYSE:EQT) shares, rose in value, with the stock price down by -0.23% to the previous day’s close as strong demand from buyers drove the stock to $45.76.
Actively observing the price movement in the recent trading, the stock is buoying the session at $45.86, falling within a range of $45.58 and $46.12. The value of beta (5-year monthly) is 1.069 whereas the PE ratio is 54.22 over 12-month period. Referring to stock’s 52-week performance, its high was $48.02, and the low was $30.02. On the whole, EQT has fluctuated by 5.65% over the past month.
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With the market capitalization of EQT Corp currently standing at about $27.30 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.63, with its dividend yield at 1.38%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.47B, with a low estimate of 1.63B and a high estimate of 1.87B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.76B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQT’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of EQT currently trading nearly 1.90% and 12.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.35, while the 7-day volatility ratio is showing 3.25% which for the 30-day chart, stands at 2.94%. Furthermore, EQT Corp (EQT)’s beta value is 1.13, and its average true range (ATR) is 1.30.
A comparison of EQT Corp (EQT) with its peers suggests the former has fared considerably weaker in the market. EQT showed an intraday change of -0.23% in today’s session so far, and over the past year, it grew by 22.80%%.
Data on historical trading for EQT Corp (NYSE:EQT) indicates that the trading volumes over the past 10 days have averaged 6.26 and over the past 3 months, they’ve averaged 7.30 million. According to company’s latest data on outstanding shares, there are 596.27 million shares outstanding.
Nearly 0.70% of EQT Corp’s shares belong to company insiders and institutional investors own 101.78% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.69 million shares as on 2024-11-29, resulting in a short ratio of 2.42. According to the data, the short interest in EQT Corp (EQT) stood at 419.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 19.47 million. The stock has risen by 18.35% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQT stock heading into the next quarter.
