As of Wednesday close, EQT Corporation’s (NYSE:EQT) stock was down -$0.22, moving down -0.50 percent to $43.56. The average number of shares traded per day over the past five days has been 5,317,620 shares. 3 times new highs have been achieved over the past 5 days, with a $2.07 gain in that time frame. In the last twenty days, the average volume was 6,567,670, while in the previous 50 days, it was 9,364,358.
Since last month, EQT stock rose 10.00%. Shares of the company fell to $36.78 on 10/27/22, the lowest level in the past month. A 52-week high of $51.97 was reached on 09/14/22 after having rallying from a 52-week low of $17.95. Since the beginning of this year, EQT’s stock price has risen by 99.72% or $21.75, and marked a new high 34 times. However, the stock has declined by -16.18% since its 52-week high.
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EQT stock investors should be aware that EQT Corporation (EQT) stock had its last reported insider trading activity 15 days ago on Nov 10. Evancho Lesley, the CHIEF HUMAN RESOURCES OFFICER of the company, disposed of 9,821 shares for $42.15 on Nov 10. It resulted in a $414,003 divestment by the insider. Jordan William E. sold 98,783 shares at an average price of $41.55 on Nov 09. The insider now owns 297,787 shares following the transaction. On Nov 01, EVP, GC AND CORP SEC Jordan William E. sold 98,783 shares at $41.51 apiece. The transaction was valued at $4,100,364.
Right now, EQT Corporation (EQT) has a P/E ratio of about 9.48. The stock’s beta is 1.17. Besides these, the trailing price-to-sales (P/S) ratio of 2.07, the price-to-book (PB) ratio of 1.68, and the price-to-cash flow ratio of 8.01 may also be considered.
The latest dividend of $0.15 per share was paid out, remained unchanged from last year’s $0.15. On Wednesday July 20 2022, a $0.0250 dividend increase was announced.
In the three months ended September 29, EQT Corporation’s quick ratio stood at 0.60, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.45, and the total debt-to-equity ratio was 0.50. On the profitability front, the trailing twelve-month gross margin is 68.90% percent. Based on annual data, EQT earned -$1.36 billion in gross profit and brought in $3.06 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -6.00%. Return on equity (ROE) for the past 12 months was 20.20%.
In EQT Corporation’s quarter-end financial report for September 29, it reported total debt of $89.97 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EQT’s revenue rose 170.78% to $2.53 billion during the quarter, while net income inched up to $2.07 billion. While analysts expected EQT Corporation to report $1.04 quarterly earnings, the actual figure was $1.04 per share. During the quarter, the company generated $1.38 billion in EBITDA. The liabilities of EQT Corporation were 12.88 billion at the end of its most recent quarter ended September 29, and its total debt was $5.04 billion. The value of shareholders’ equity is $367.05 million.
This quick technical analysis looks at EQT Corporation’s (EQT) price momentum. With a historical volatility rate of 46.12%, the RSI 9-day stood at 57.93% on 23 November.
With respect to its five-day moving average, the current EQT Corporation price is up by +4.99% percent or $2.07. At present, EQT shares trade +11.66% above its 20-day simple moving average and +35.20% percent above its 100-day simple moving average. However, the stock is currently trading approximately -13.91% below its SMA50 and +105.67% above its SMA200.
Stochastic coefficient K was 64.77% and Stochastic coefficient D was 50.93%, while ATR was 2.26. Given the Stochastic reading of 74.87% for the 14-day period, the RSI (14) reading has been calculated as 54.87%. As of today, the MACD Oscillator reading stands at 0.49, while the 14-day reading stands at 0.42.