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OGE stock rated a Buy by Argus

In a filing, Oge Energy Corp revealed its GC, Corp. Sec & CCO SULTEMEIER WILLIAM H unloaded Company’s shares for reported $0.3 million on May 06 ’25. In the deal valued at $45.54 per share,6,650 shares were sold. As a result of this transaction, SULTEMEIER WILLIAM H now holds 72,548 shares worth roughly $3.26 million.

Then, SULTEMEIER WILLIAM H bought 6,650 shares, generating $300,403 in total proceeds.

Before that, Cristina F McQuistion bought 3,951 shares. Oge Energy Corp shares valued at $182,104 were divested by the Officer at a price of $46.09 per share.

Argus upgraded its Oge Energy Corp [OGE] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in late January from “an In-line” to “an Outperform”. Jefferies began covering OGE with “Buy” recommendation on September 20, 2024. Argus revised its rating on May 23, 2024. It rated OGE as “a Hold” which previously was an “a Buy”.

Price Performance Review of OGE

On Tuesday, Oge Energy Corp [NYSE:OGE] saw its stock jump 0.60% to $44.91. Over the last five days, the stock has gained 4.30%. Oge Energy Corp shares have risen nearly 8.87% since the year began. Nevertheless, the stocks have risen 21.94% over the past one year. While a 52-week high of $46.91 was reached on 04/03/25, a 52-week low of $34.20 was recorded on 01/13/25. SMA at 50 days reached $44.66, while 200 days put it at $42.34.

Levels Of Support And Resistance For OGE Stock

The 24-hour chart illustrates a support level at 44.61, which if violated will result in even more drops to 44.32. On the upside, there is a resistance level at 45.18. A further resistance level may holdings at 45.46. The Relative Strength Index (RSI) on the 14-day chart is 53.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 22.38%. Stochastics %K at 58.27% indicates the stock is a holding.

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