EQT Corp (NYSE:EQT) shares, rose in value on Friday, January 03, with the stock price up by 0.51% to the previous day’s close as strong demand from buyers drove the stock to $47.59.
Actively observing the price movement in the recent trading, the stock is buoying the session at $47.35, falling within a range of $47.23 and $48.33. The value of beta (5-year monthly) is 1.069 whereas the PE ratio is 56.40 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 6.20% over the past month.
With the market capitalization of EQT Corp currently standing at about $28.40 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.63, with its dividend yield at 1.32%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.46B, 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.55, with the price of EQT currently trading nearly 6.60% and 10.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.41, while the 7-day volatility ratio is showing 2.67% which for the 30-day chart, stands at 2.78%. Furthermore, EQT Corp (EQT)’s beta value is 1.09, 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 0.51% in today’s session so far, and over the past year, it grew by 22.88%%.
Data on historical trading for EQT Corp (NYSE:EQT) indicates that the trading volumes over the past 10 days have averaged 6.61 and over the past 3 months, they’ve averaged 7.22 million. According to company’s latest data on outstanding shares, there are 596.27 million shares outstanding.
Nearly 0.67% of EQT Corp’s shares belong to company insiders and institutional investors own 101.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.33 million shares as on 2024-12-13, resulting in a short ratio of 2.4. According to the data, the short interest in EQT Corp (EQT) stood at 391.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 22.54 million. The stock has risen by 3.21% 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.
