OGE Energy Corporation (OGE) : During the past 4 weeks, traders have been relatively bearish on OGE Energy Corporation (OGE), hence the stock is down -6.99% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.82% relative to the S&P 500. The 4-week change in the price of the stock is -4.68% and the stock has fallen -4.41% in the past 1 week.
OGE Energy Corporation (NYSE:OGE): The stock opened at $31.23 on Friday but the bulls could not build on the opening and the stock topped out at $31.27 for the day. The stock traded down to $30.61 during the day, due to lack of any buying support eventually closed down at $30.75 with a loss of -1.57% for the day. The stock had closed at $31.24 on the previous day. The total traded volume was 1,087,732 shares.
The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 1.88%. OGE Energy Corp. is up 3.58% in the last 3-month period. Year-to-Date the stock performance stands at 20.39%.
OGE Energy Corporation (OGE) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $35 and the lowest price target forecast is $33. The average forecast of all the analysts is $34 and the expected standard deviation is $1.
OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas in the south central United States. The Company operates through two business segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E), a wholly owned subsidiary of the Company and an electric utility-based in Oklahoma with its franchised service territory at the Fort Smith, Arkansas area. The natural gas midstream operations segment through its investment in Enable Midstream Partners, LP (Enable), through its wholly owned subsidiary OGE Holdings, which is engaged in the business of gathering, processing, transporting and storing natural gas.