OGE Energy Corp. (NYSE:OGE) went down by -0.12% from its latest closing price when compared to the 1-year high value of $46.43 and move down -40.74%, while OGE stocks collected -0.33% of loss with the last five trading sessions. Press Release reported on 07/06/20 that OGE Energy Corp. second quarter 2020 earnings webcast
OGE Energy Corp. (NYSE:OGE) Worth an Investment?
OGE Energy Corp. (NYSE: OGE) The 36 Months beta value for OGE stocks is at 0.73, while 4 of the analysts out of 11 who provided ratings for OGE Energy Corp. stocks as a “buy” while 0 as overweight, 6 rated it as hold and 1 as sell. The average price we get from analysts is $33.78 which is $0.57 above current price. OGE currently has a short float of 1.44% and public float of 199.54M with average trading volume of 1.56M shares.
OGE Market Performance
OGE stocks went down by -0.33% for the week, with the monthly jump of 8.66% and a quarterly performance of 4.66%, while its annual performance rate touched -23.19%. The simple moving average for the period of the last 20 days is 3.94% for OGE stocks with the simple moving average of -11.51% for the last 200 days.
Analysts’ Opinion on OGE Energy Corp. (NYSE:OGE)
Many brokerage firms have already submitted their reports for OGE stocks, with UBS repeating the rating for OGE shares by setting it to “Buy”. The predicted price for OGE socks in the upcoming period according to UBS is $35 based on the research report published on July 7, 2020.
Mizuho, on the other hand, stated in their research note that they expect to see OGE stock at the price of $37, previously predicting the value of $36. The rating they have provided for OGE stocks is “Buy” according to the report published on June 10, 2020.
BofA/Merrill gave “ Buy” rating to OGE stocks, setting the target price at $32 in the report published on May 8, 2020.
OGE Stocks 4.61% Far from 50 Day Moving Average
After a stumble in the market that brought OGE to its low price for the period of the last 52 weeks, OGE Energy Corp. was unable to take a rebound, for now settling with -28.95% of loss for the given period.
The stock volatility was left at 2.67%, however, within the period of a single month, the volatility rate increased by 2.00%, while the shares surge at the distance of +8.09% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +9.42% upper at the present time.
In the course of the last 5 trading sessions, OGE went down by -0.33%, which changed the moving average for the period of 200 days to the total of -22.85% of losses for the stock in comparison to the 20-day moving average settled at $31.86. In addition, OGE Energy Corp. saw -25.82% in overturn over the period of a single year with a tendency to cut further losses.
OGE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at OGE Energy Corp. (OGE), starting from DENNIS ANDREA M., who bought 1,010 shares at the price of $31.51 back on Mar 13. After this action, Rushing now owns 3,366 shares of OGE Energy Corp., valued at $31,826 with the latest closing price.
WALWORTH CHARLES B, the Treasurer of OGE Energy Corp., sold 705 shares at the value of $42.81 during a trade that took place back on Aug 14, which means that WALWORTH CHARLES B is holding 10,120 shares at the value of $30,181 based on the most recent closing price.
OGE Stock Fundamentals
The current profitability levels are settled at +22.60 for the present operating margin and +48.83 for gross margin. The net margin for OGE Energy Corp. stands at +19.43. Total capital return value is set at 6.89, while invested capital returns managed to touch 6.07. Equity return holds the value -2.70%, with -1.00% for asset returns.
Based on OGE Energy Corp. (OGE), the company’s capital structure generated 81.00 points for debt to equity in total, while total debt to capital is set at the value of 44.75. Total debt to assets is settled at the value of 30.41 with long-term debt to equity ratio rests at 3.35 and long-term debt to capital is 78.29.
The value for Enterprise to Sales is 5.50 with debt to enterprise value settled at 0.27. The receivables turnover for OGE Energy Corp. is 9.36 with the total asset turnover at the value of 0.20. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.