MGE Energy (NASDAQ:MGEE) Upgraded to “Hold” at BidaskClub
Shares of MGE Energy stock traded down $0.05 on Tuesday, reaching $74.65. 3,932 shares of the company were exchanged, compared to its average volume of 149,898. The business has a fifty day simple moving average of $72.32. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 29.20 and a beta of 0.44. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.97 and a quick ratio of 1.68. MGE Energy has a fifty-two week low of $56.64 and a fifty-two week high of $76.44.
MGE Energy (NASDAQ:MGEE) last announced its earnings results on Wednesday, May 8th. The utilities provider reported $0.69 earnings per share (EPS) for the quarter. The company had revenue of $167.57 million for the quarter. MGE Energy had a return on equity of 10.85% and a net margin of 15.49%.
MGE Energy Company Profile
MGE Energy, Inc, through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through five segments: Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services.
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