In a filing, Firstenergy Corp revealed its SVP, CFO and Strategy K. Jon Taylor unloaded Company’s shares for reported $0.52 million on May 07 ’25. In the deal valued at $43.03 per share,12,000 shares were sold. As a result of this transaction, K. Jon Taylor now holds 99,919 shares worth roughly $4.27 million.
Then, Walker Christine bought 6,000 shares, generating $264,601 in total proceeds.
BofA Securities upgraded its Firstenergy Corp [FE] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Peer perform”. Scotiabank also remained covering FE and has increased its forecast on December 12, 2024 with a “Sector outperform” recommendation from previously “Sector perform” rating. Seaport Research Partners revised its rating on October 31, 2024. It rated FE as “a Neutral” which previously was an “a Buy”.
Price Performance Review of FE
On Tuesday, Firstenergy Corp [NYSE:FE] saw its stock fall -0.28% to $42.73. Over the last five days, the stock has gained 3.64%. Firstenergy Corp shares have risen nearly 7.42% since the year began. Nevertheless, the stocks have risen 6.24% over the past one year. While a 52-week high of $44.97 was reached on 02/25/25, a 52-week low of $37.58 was recorded on 04/09/25. SMA at 50 days reached $40.98, while 200 days put it at $41.51.
Levels Of Support And Resistance For FE Stock
The 24-hour chart illustrates a support level at 42.55, which if violated will result in even more drops to 42.36. On the upside, there is a resistance level at 42.98. A further resistance level may holdings at 43.22. The Relative Strength Index (RSI) on the 14-day chart is 57.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.92%. Stochastics %K at 74.90% indicates the stock is a holding.
The most recent change occurred on October 14, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $46 price target.
