FirstEnergy Corporation s in-depth stock price analysis indicates that the stock price has dropped -3.03% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -5.79% . Looking at the past 52 week period, the stock price is down -7.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of FirstEnergy Corporation has a negative value of -13.9 compared to overall market performance. Stocks of FirstEnergy Corporation (NYSE:FE) rallied by 1.87% during the past week but lost 0.52% on a 4-week basis. The company has outperformed the S&P 500 by 1.05% in the past week but underperformed the index by 2.3% in the last 4 weeks.
FirstEnergy Corporation (NYSE:FE) : On Friday heightened volatility was witnessed in FirstEnergy Corporation (NYSE:FE) which led to swings in the share price. The stock opened for trading at $29.86 and hit $30.52 on the upside , eventually ending the session at $30.45, with a gain of 1.91% or 0.57 points. The heightened volatility saw the trading volume jump to 3,805,535 shares. The 52-week high of the share price is $36.6 and the company has a market cap of $12,978 million. The 52-week low of the share price is at $29.33 .
FirstEnergy Corp. Last issued its quarterly earnings results on Nov 4, 2016. The company reported $0.90 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $0.78.Analysts expectations of $ 4025.28.During the same quarter in the previous year, the company posted $0.98 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.FirstEnergy Corp. was Upgraded by Goldman to Neutral on Jan 17, 2017. FirstEnergy Corp. was Downgraded by Wells Fargo to Market Perform on Jan 10, 2017. FirstEnergy Corp. was Downgraded by Deutsche Bank on Dec 20, 2016 to Hold, Lowers Price Target to $ 34 from a previous price target of $38 .FirstEnergy Corp. was Downgraded by Barclays on Dec 2, 2016 to Equal Weight, Lowers Price Target to $ 34 from a previous price target of $38 .
Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Donald R Schneider (President, FE Solutions) sold 6,525 shares at 31.36 per share price.On Dec 21, 2016, Charles D Lasky (SVP, Human Resources) sold 5,149 shares at 31.36 per share price.On Mar 16, 2016, Steven E Strah (Sr VP & President FE Utilities) purchased 560 shares at 35.59 per share price.
FirstEnergy Corp. is a diversified energy services holding company as the result of the merger of Ohio Edison Company and Centerior Energy Corporation. FirstEnergy companies provide electricity and natural gas services and a wide array of energy-related products and services. FirstEnergys four electric utility companies, Ohio Edison and its Pennsylvania Power subsidiary, The Illuminating Company and Toledo Edison, serve customers in northern and central Ohio and western Pennsylvania. (Company Press Release)