Constellation Energy Corporation (CEG) Stock Experiences -2.85% Monthly Change

In the past week, CEG stock has gone up by 0.72%, with a monthly decline of -2.85% and a quarterly surge of 24.92%. The volatility ratio for the week is 5.34%, and the volatility levels for the last 30 days are 4.39% for Constellation Energy Corporation. The simple moving average for the past 20 days is -2.99% for CEG’s stock, with a 45.73% simple moving average for the past 200 days.

Is It Worth Investing in Constellation Energy Corporation (NASDAQ: CEG) Right Now?

The price-to-earnings ratio for Constellation Energy Corporation (NASDAQ: CEG) is above average at 28.00x. The 36-month beta value for CEG is also noteworthy at 0.78. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CEG is 314.57M, and at present, short sellers hold a 1.24% of that float. The average trading volume of CEG on June 10, 2024 was 2.86M shares.

CEG) stock’s latest price update

Constellation Energy Corporation (NASDAQ: CEG)’s stock price has gone rise by 5.93 in comparison to its previous close of 198.00, however, the company has experienced a 0.72% increase in its stock price over the last five trading days. zacks.com reported 2024-06-10 that Constellation Energy Corporation (CEG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.

Analysts’ Opinion of CEG

Many brokerage firms have already submitted their reports for CEG stocks, with KeyBanc Capital Markets repeating the rating for CEG by listing it as a “Overweight.” The predicted price for CEG in the upcoming period, according to KeyBanc Capital Markets is $190 based on the research report published on February 28, 2024 of the current year 2024.

CEG Trading at 4.63% from the 50-Day Moving Average

After a stumble in the market that brought CEG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.24% of loss for the given period.

Volatility was left at 4.39%, however, over the last 30 days, the volatility rate increased by 5.34%, as shares sank -2.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.20% upper at present.

During the last 5 trading sessions, CEG rose by +0.48%, which changed the moving average for the period of 200-days by +92.97% in comparison to the 20-day moving average, which settled at $215.92. In addition, Constellation Energy Corporation saw 79.44% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for CEG

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.18 for the gross margin

The net margin for Constellation Energy Corporation stands at 0.11. The total capital return value is set at 0.06. Equity return is now at value 21.99, with 4.91 for asset returns.

Based on Constellation Energy Corporation (CEG), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at -0.51. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 6.61.

Currently, EBITDA for the company is 3.67 billion with net debt to EBITDA at 1.59. When we switch over and look at the enterprise to sales, we see a ratio of 3.36. The receivables turnover for the company is 9.69for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.

Conclusion

In summary, Constellation Energy Corporation (CEG) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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