Sempra (NYSE:SRE) shares, rose in value, with the stock price up by 1.39% to the previous day’s close as strong demand from buyers drove the stock to $76.92.
Actively observing the price movement in the recent trading, the stock is buoying the session at $75.86. The PE ratio was 17.41 over 12-month period. Referring to stock’s 52-week performance, its high was $95.77, and the low was $61.90. On the whole, SRE has fluctuated by 20.59% over the past month.
With the market capitalization of Sempra currently standing at about $50.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.51, with its dividend yield at 3.26%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SRE’s technical picture suggests that short-term indicators denote the stock is a Hold 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% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.50, with the price of SRE currently trading nearly 5.32% and 8.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.31, while the 7-day volatility ratio is showing 2.04% which for the 30-day chart, stands at 2.89%. Furthermore, Sempra (SRE)’s beta value is 0.64, and its average true range (ATR) is 1.90.
A comparison of Sempra (SRE) with its peers suggests the former has fared considerably weaker in the market. SRE showed an intraday change of 1.39% in today’s session so far, and over the past year, it grew by 5.78%%.
Data on historical trading for Sempra (NYSE:SRE) indicates that the trading volumes over the past 3 months, they’ve averaged 5.53 million. According to company’s latest data on outstanding shares, there are 651.91 million shares outstanding.
Nearly 0.07% of Sempra’s shares belong to company insiders and institutional investors own 90.70% of the company’s shares. The stock has fallen by -12.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SRE stock heading into the next quarter.
