|Bid||37.80 x 1200|
|Ask||37.98 x 1000|
|Day's Range||37.41 - 37.83|
|52 Week Range||22.85 - 44.10|
|Beta (5Y Monthly)||0.23|
|PE Ratio (TTM)||15.24|
|Forward Dividend & Yield||1.56 (4.15%)|
|Ex-Dividend Date||May 06, 2021|
|1y Target Est||N/A|
FirstEnergy Corp, the U.S. utility that gave activist investor Carl Icahn seats on its board this year, is exploring divestitures as an alternative to raising cash by selling stock, according to four people familiar with the matter. Akron, Ohio-based FirstEnergy is trying to recover from the fallout of accusations it was involved with a $60 million bribery scheme involving financial aid for troubled nuclear power plants in its home state. However, credit rating agencies have warned the episode may continue to affect FirstEnergy's ability to access bond markets.
FirstEnergy's (FE) arm gets an approval for its two battery energy storage projects as part of the state of Maryland's Energy Storage Pilot Program. These will provide backup power during peak demand.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...