EQT Corp (NYSE:EQT) price is hovering higher on Wednesday, April 17, jumping 0.70% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $36.20. The company’s P/E ratio in the trailing 12-month period read 8.61. Taking into account the 52-week price action we note that the stock hit a 52-week high of $45.23 and 52-week low of $30.84. The stock added 9.15% on its value in the past month.
EQT Corp, which has a market valuation of $16.07 billion. The company stock has a Forward Dividend ratio of 0.61, while the dividend yield is 1.69%. 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 EQT a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.57. The overview shows that EQT’s price is at present 0.79% off the SMA20 and 1.98% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 51.09, with weekly volatility standing at 3.01%. The indicator jumps to 2.35% when calculated based on the past 30 days. EQT Corp (NYSE:EQT)’s beta value is holding at 1.14, while the average true range (ATR) indicator is currently reading 0.97.
An analysis of the EQT Corp (NYSE:EQT) stock in terms of its daily trading volume indicates that the 3-month average is 6.52 million.
Current records show that the company has 419.90M in outstanding shares. The insiders’ percentage holdings are 6.39% of outstanding shares while the percentage share held by institutions stands at 93.12%. But the -5.70% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
