Firstenergy Corp (NYSE:FE) shares, rose in value, with the stock price up by 1.98% to the previous day’s close as strong demand from buyers drove the stock to $40.23.
Actively observing the price movement in the recent trading, the stock is buoying the session at $39.45, falling within a range of $39.49 and $40.265. The value of beta (5-year monthly) is 0.466 whereas the PE ratio is 23.72 over 12-month period. Referring to stock’s 52-week performance, its high was $44.97, and the low was $36.81. On the whole, FE has fluctuated by 4.39% over the past month.
With the market capitalization of Firstenergy Corp currently standing at about $23.20 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 1.70, with its dividend yield at 4.23%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.44B, with a low estimate of 3.68B and a high estimate of 3.68B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.68B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.09, with the price of FE currently trading nearly 2.66% and 0.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.45, while the 7-day volatility ratio is showing 2.26% which for the 30-day chart, stands at 2.39%. Furthermore, Firstenergy Corp (FE)’s beta value is 0.41, and its average true range (ATR) is 0.87.
A comparison of Firstenergy Corp (FE) with its peers suggests the former has fared considerably weaker in the market. FE showed an intraday change of 1.98% in today’s session so far, and over the past year, it grew by 6.46%%.
Data on historical trading for Firstenergy Corp (NYSE:FE) indicates that the trading volumes over the past 10 days have averaged 5.33 and over the past 3 months, they’ve averaged 5.16 million. According to company’s latest data on outstanding shares, there are 576.61 million shares outstanding.
Nearly 0.17% of Firstenergy Corp’s shares belong to company insiders and institutional investors own 90.93% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.38 million shares as on 2025-03-14, resulting in a short ratio of 1.63. According to the data, the short interest in Firstenergy Corp (FE) stood at 280.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 14.21 million. The stock has risen by 1.13% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FE stock heading into the next quarter.