Does Vistra Corp (NYSE: VST) Need To Rethink Its Strategy?

Vistra Corp (NYSE:VST) price closed lower on Tuesday, April 16, dropping -0.91% below its previous close.

A look at the daily price movement shows that the last close reads $68.22. The company’s P/E ratio in the trailing 12-month period read 19.38. Taking into account the 52-week price action we note that the stock hit a 52-week high of $75.89 and 52-week low of $22.67. The stock added 9.81% on its value in the past month.

Vistra Corp, which has a market valuation of $23.52 billion. The company stock has a Forward Dividend ratio of 0.84, while the dividend yield is 1.24%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give VST a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

The overview shows that VST’s price is at present -3.04% off the SMA20 and 15.32% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 52.05, with weekly volatility standing at 4.83%. The indicator jumps to 5.11% when calculated based on the past 30 days. Vistra Corp (NYSE:VST)’s beta value is holding at 1.07, while the average true range (ATR) indicator is currently reading 3.33.

An analysis of the Vistra Corp (NYSE:VST) stock in terms of its daily trading volume indicates that the 3-month average is 5.28 million.

Current records show that the company has 351.46M in outstanding shares. The insiders’ percentage holdings are 1.07% of outstanding shares while the percentage share held by institutions stands at 98.45%. But the 75.49% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.

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