As of Friday close, Constellation Energy Corporation’s (NASDAQ:CEG) stock was down -$1.66, moving down -2.12 percent to $76.77. The average number of shares traded per day over the past five days has been 2,441,020 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.78 fall in that time frame. In the last twenty days, the average volume was 2,540,660, while in the previous 50 days, it was 2,158,794.
Since last month, CEG stock retreated -10.74%. Shares of the company fell to $72.83 on 03/01/23, the lowest level in the past month. A 52-week high of $97.89 was reached on 02/16/23 after having rallying from a 52-week low of $48.60. Since the beginning of this year, CEG’s stock price has dropped by -10.95% or -$9.44, and marked a new high 7 times. However, the stock has declined by -21.58% since its 52-week high.
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Valuation Metrics
The latest dividend of $0.2820 per share was paid out, which is 100.0% more than last year’s $0.1410. On Thursday February 16 2023, a $0.1410 dividend increase was announced.
Financial Health
In the three months ended December 30, Constellation Energy Corporation’s quick ratio stood at 1.10, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.41, and the total debt-to-equity ratio was 0.50. On the profitability front, the trailing twelve-month gross margin is 30.20% percent. In the year ended December 30, operating margins totaled 2.90%. Based on annual data, CEG earned $495.0 million in gross profit and brought in $24.44 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 -2.90%. Return on equity (ROE) for the past 12 months was -1.40%.
In Constellation Energy Corporation’s quarter-end financial report for December 30, it reported total debt of $4.47 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CEG’s revenue fell -25.43% to $6.05 billion during the quarter, while net income inched up to $7.33 billion. While analysts expected Constellation Energy Corporation to report $1.23 quarterly earnings, the actual figure was $0.1 per share, beating the consensus estimate by -91.90%. The liabilities of Constellation Energy Corporation were 35.54 billion at the end of its most recent quarter ended December 30, and its total debt was $6.48 billion.
Technical Picture
This quick technical analysis looks at Constellation Energy Corporation’s (CEG) price momentum. With a historical volatility rate of 17.98%, the RSI 9-day stood at 40.28% on 17 March.
With respect to its five-day moving average, the current Constellation Energy Corporation price is down by -1.01% percent or -$0.78. At present, CEG shares trade -10.35% below its 20-day simple moving average and -12.04% percent below its 100-day simple moving average. However, the stock is currently trading approximately -7.96% below its SMA50 and +23.66% above its SMA200.
Stochastic coefficient K was 63.59% and Stochastic coefficient D was 65.08%, while ATR was 2.39. Given the Stochastic reading of 53.53% for the 14-day period, the RSI (14) reading has been calculated as 40.70%. As of today, the MACD Oscillator reading stands at -0.24, while the 14-day reading stands at 0.16.