Short Interest in Vistra Energy Corp. (NYSE:VST) Expands By 89.2%
Vistra Energy Corp. (NYSE:VST) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 9,448,382 shares, a growth of 89.2% from the June 15th total of 4,992,702 shares. Based on an average trading volume of 6,387,135 shares, the short-interest ratio is currently 1.5 days. Currently, 3.0% of the shares of the company are sold short.
Several analysts have recently commented on the stock. Tudor Pickering assumed coverage on shares of Vistra Energy Corp. in a report on Monday, June 26th. They issued a “buy” rating and a $21.00 price objective on the stock. Barclays PLC assumed coverage on shares of Vistra Energy Corp. in a report on Thursday, June 8th. They issued an “equal weight” rating and a $16.00 price objective on the stock. Finally, UBS AG reaffirmed a “sell” rating and issued a $14.00 price objective on shares of Vistra Energy Corp. in a report on Wednesday, May 24th.
Shares of Vistra Energy Corp. (NYSE:VST) opened at 15.96 on Tuesday. The company’s 50-day moving average is $15.78 and its 200-day moving average is $15.96. The stock has a market capitalization of $6.82 billion and a P/E ratio of 26.51. Vistra Energy Corp. has a one year low of $0.01 and a one year high of $25.24.
Vistra Energy Corp. (NYSE:VST) last posted its quarterly earnings data on Thursday, May 18th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.17. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $890 million. On average, equities research analysts anticipate that Vistra Energy Corp. will post $0.55 earnings per share for the current year.
Vistra Energy Corp. Company Profile
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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