EQT Corp (NYSE:EQT) shares, rose in value, with the stock price up by 3.82% to the previous day’s close as strong demand from buyers drove the stock to $39.43.
Actively observing the price movement in the last trading, the stock closed the session at $37.98. The PE ratio was 28.81 over 12-month period. Referring to stock’s 52-week performance, its high was $45.23, and the low was $30.84. On the whole, EQT has fluctuated by 13.24% over the past month.
The company’s Forward Dividend Ratio is 0.61, with its dividend yield at 1.56%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQT’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 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.92, with the price of EQT currently trading nearly 6.95% and 9.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.99, while the 7-day volatility ratio is showing 3.30% which for the 30-day chart, stands at 2.76%. Furthermore, EQT Corp (EQT)’s beta value is 1.12, and its average true range (ATR) is 1.07.
A comparison of EQT Corp (EQT) with its peers suggests the former has fared considerably weaker in the market. EQT showed an intraday change of 3.82% in last session, and over the past year, it grew by 20.43%%.
Data on historical trading for EQT Corp (NYSE:EQT) indicates that the trading volumes over the past 3 months, they’ve averaged 6.61 million. According to company’s latest data on outstanding shares, there are 419.90 million shares outstanding.
Nearly 6.40% of EQT Corp’s shares belong to company insiders and institutional investors own 92.95% of the company’s shares. The stock has risen by 1.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQT stock heading into the next quarter.
