Entergy Corp (NYSE:ETR) shares, rose in value, with the stock price down by -0.38% to the previous day’s close as strong demand from buyers drove the stock to $83.92.
Actively observing the price movement in the recent trading, the stock is buoying the session at $84.24. The PE ratio was 27.23 over 12-month period. Referring to stock’s 52-week performance, its high was $88.38, and the low was $52.06. On the whole, ETR has fluctuated by 6.22% over the past month.
With the market capitalization of Entergy Corp currently standing at about $36.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.36, with its dividend yield at 2.82%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ETR’s technical picture suggests that short-term indicators denote the stock is a 50% 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 2.79, with the price of ETR currently trading nearly 0.67% and 0.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.80, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 2.78%. Furthermore, Entergy Corp (ETR)’s beta value is 0.59, and its average true range (ATR) is 2.08.
A comparison of Entergy Corp (ETR) with its peers suggests the former has fared considerably weaker in the market. ETR showed an intraday change of -0.38% in today’s session so far, and over the past year, it grew by 53.96%%.
Data on historical trading for Entergy Corp (NYSE:ETR) indicates that the trading volumes over the past 3 months, they’ve averaged 4.37 million. According to company’s latest data on outstanding shares, there are 430.77 million shares outstanding.
Nearly 0.26% of Entergy Corp’s shares belong to company insiders and institutional investors own 94.97% of the company’s shares. The stock has risen by 10.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ETR stock heading into the next quarter.
