12-Dec-2024
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FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
Firstenergy Corp. trades on the NYSE stock market under the symbol FE.
As of December 12, 2024, FE stock price climbed to $40.32 with 2,471,949 million shares trading.
FE has a beta of -0.09, meaning it tends to be less sensitive to market movements. FE has a correlation of 0.01 to the broad based SPY ETF.
FE has a market cap of $23.24 billion. This is considered a Large Cap stock.
Last quarter Firstenergy Corp. reported $4 billion in Revenue and $.85 earnings per share. This fell short of revenue expectation by $-181 million and missed earnings estimates by -$.05.
In the last 3 years, FE traded as high as $48.85 and as low as $32.18.
The top ETF exchange traded funds that FE belongs to (by Net Assets): VTI, VOO, VO, XLU, SPY.
FE has underperformed the market in the last year with a price return of +12.7% while the SPY ETF gained +32.3%. FE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.7% and -5.4%, respectively, while the SPY returned +9.3% and +0.9%, respectively.
FE support price is $39.73 and resistance is $40.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FE shares will trade within this expected range on the day.