Atmos Energy Corp. (NYSE:ATO) shares, rose in value, with the stock price down by -1.05% to the previous day’s close as strong demand from buyers drove the stock to $116.93.
Actively observing the price movement in the last trading, the stock closed the session at $118.17. The PE ratio was 18.56 over 12-month period. Referring to stock’s 52-week performance, its high was $125.28, and the low was $101.00. On the whole, ATO has fluctuated by -1.12% over the past month.
The company’s Forward Dividend Ratio is 3.09, with its dividend yield at 2.64%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ATO’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 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 2.48, with the price of ATO currently trading nearly 0.60% and 1.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.48, while the 7-day volatility ratio is showing 1.57% which for the 30-day chart, stands at 1.54%. Furthermore, Atmos Energy Corp. (ATO)’s beta value is 0.66, and its average true range (ATR) is 1.88.
A comparison of Atmos Energy Corp. (ATO) with its peers suggests the former has fared considerably weaker in the market. ATO showed an intraday change of -1.05% in last session, and over the past year, it grew by 2.71%%.
Data on historical trading for Atmos Energy Corp. (NYSE:ATO) indicates that the trading volumes over the past 3 months, they’ve averaged 836.45K. According to company’s latest data on outstanding shares, there are 150.84 million shares outstanding.
Nearly 0.34% of Atmos Energy Corp.’s shares belong to company insiders and institutional investors own 93.84% of the company’s shares. The stock has risen by 0.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ATO stock heading into the next quarter.
