Constellation Energy Corporation (NASDAQ:CEG) shares, rose in value, with the stock price down by -1.70% to the previous day’s close as strong demand from buyers drove the stock to $302.82.
Actively observing the price movement in the recent trading, the stock is buoying the session at $308.05. The PE ratio was 31.92 over 12-month period. Referring to stock’s 52-week performance, its high was $352.00, and the low was $155.60. On the whole, CEG has fluctuated by 33.73% over the past month.
With the market capitalization of Constellation Energy Corporation currently standing at about $94.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 0.49%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CEG’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 50% Sell 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 3.01, with the price of CEG currently trading nearly 7.33% and 27.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.39, while the 7-day volatility ratio is showing 1.71% which for the 30-day chart, stands at 3.10%. Furthermore, Constellation Energy Corporation (CEG)’s beta value is 1.16, and its average true range (ATR) is 11.56.
A comparison of Constellation Energy Corporation (CEG) with its peers suggests the former has fared considerably weaker in the market. CEG showed an intraday change of -1.70% in today’s session so far, and over the past year, it grew by 31.30%%.
Data on historical trading for Constellation Energy Corporation (NASDAQ:CEG) indicates that the trading volumes over the past 3 months, they’ve averaged 3.92 million. According to company’s latest data on outstanding shares, there are 313.38 million shares outstanding.
Nearly 0.17% of Constellation Energy Corporation’s shares belong to company insiders and institutional investors own 83.46% of the company’s shares. The stock has risen by 35.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CEG stock heading into the next quarter.
