EQT Corporation’s Stock Price Drops to $31.15: A Dip of 3.44% in a Market Shake-Up

EQT Corporation (EQT)

31.15 USD -1.11 (-3.44%) Volume: 10.56M

EQT Corporation’s stock price stands at 31.15 USD, experiencing a decline of 3.44% this trading session with a trading volume of 10.56M. Despite a year-to-date percentage change of -19.43%, EQT continues to be a key player in the energy sector.

Latest developments on EQT Corporation

Today, Eqt Corp (NYSE:EQT) saw its stock price increase by 2.9% as trading closed with a 0.1% higher value. This positive movement comes after Securian Asset Management Inc. increased its holdings in EQT Co., while Cetera Investment Advisers made a significant new investment of $2.27 million in the company. Brokerages have also given Eqt Corp a consensus rating of “Moderate Buy”, indicating confidence in the company’s future performance.

A look at EQT Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Eqt Corp, the company seems to be in a strong position in terms of value, scoring the highest possible score. This indicates that the company may be considered undervalued compared to its peers. However, when it comes to dividend, growth, resilience, and momentum, Eqt Corp scores average marks. This suggests that while the company may be a good value investment, investors may need to consider other factors before making a decision.

Overall, Eqt Corp is an integrated energy company focusing on natural gas supply in the Appalachian area. With a strong emphasis on value, the company may present a good opportunity for investors looking for undervalued assets. However, the average scores for dividend, growth, resilience, and momentum indicate that there may be some challenges ahead for the company in terms of maintaining consistent performance in these areas.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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