OGE Energy Corp (NYSE:OGE) traded at a new 52-week high today of $40.64. This new high was reached on below average trading volume as 131,000 shares traded hands, while the average 30-day volume is approximately 1.4 million shares.
In the past 52 weeks, shares of OGE Energy Corp have traded between a low of $32.10 and a high of $40.64 and is now at $40.56, which is 26% above that low price.
OGE Energy Corp (NYSE:OGE) defies analysts with a current price ($40.56) 1.4% above its average consensus price target of $40.00.
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility offering electricity generation, transmission, and distribution to more than 800,000 customers in Oklahoma and western Arkansas. OGE Energy also owns a 25.5% limited partner interest and a 50% general partner interest in Enable Midstream Partners, a midstream services business that provides gathering, processing, transporting, and storing of natural gas. In February 2021, Enable announced it would merge with Energy Transfer.
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