Southern Copper Corporation (SCCO) Moves -1.57% Lower: These Numbers are Too Good to be True

As on June 26, 2020, Southern Copper Corporation (NYSE: SCCO) started slowly as it slid -1.57% to $37.72. During the day, the stock rose to $38.46 and sunk to $37.38 before settling in for the price of $38.32 at the close. Taking a more long-term approach, SCCO posted a 52-week range of $23.43-$44.82.

It was noted that the giant of the Basic Materials sector posted annual sales growth of 4.70% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 3.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.60%. This publicly-traded company’s shares outstanding now amounts to $773.10 million, simultaneously with a float of $82.21 million. The organization now has a market capitalization sitting at $29.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.10, while the 200-day Moving Average is $35.85.

It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 14301 workers. It has generated 509,447 per worker during the last fiscal year. Meanwhile, its income per employee was 103,895. The stock had 7.73 Receivables turnover and 0.47 Total Asset turnover. For the Profitability, stocks gross margin was +39.60, operating margin was +37.79 and Pretax Margin of +33.31.

Southern Copper Corporation (SCCO) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Copper industry. Southern Copper Corporation’s current insider ownership accounts for 89.37%, in contrast to 7.70% institutional ownership. According to the most recent insider trade that took place on Apr 27, this organization’s Director sold 11,625 shares at the rate of 31.58, making the entire transaction reach 367,118 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 06, Company’s Director sold 12,825 for 36.89, making the whole transaction’s value amount to 473,114. This particular insider is now the holder of 0 in total.

Southern Copper Corporation (SCCO) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/30/2020, the company posted $0.28 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.41) by -$0.13. This company achieved a net margin of +20.39 while generating a return on equity of 22.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.

Southern Copper Corporation’s EPS decrease for this current 12-month fiscal period is -5.60% and is forecasted to reach 1.81 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -0.25% through the next 5 years, which can be compared against the 3.60% growth it accomplished over the previous five years trading on the market.

Southern Copper Corporation (NYSE: SCCO) Trading Performance Indicators

Let’s observe the current performance indicators for Southern Copper Corporation (SCCO). It’s Quick Ratio in the last reported quarter now stands at 2.20. The Stock has managed to achieve an average true range (ATR) of 1.27. Alongside those numbers, its PE Ratio stands at $22.21, and its Beta score is 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.09. Similarly, its price to free cash flow for trailing twelve months is now 206.58.

In the same vein, SCCO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.70, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.81 at the market close of one year from today.

Technical Analysis of Southern Copper Corporation (SCCO)

Through scrutinizing the latest numbers posted by the [Southern Copper Corporation, SCCO], it can be observed that its last 5-days Average volume of 0.85 million was lower the volume of 0.9 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 72.31% While, its Average True Range was 1.28.

Raw Stochastic average of Southern Copper Corporation (SCCO) in the period of the previous 100 days is set at 84.66%, which indicates a major rise in contrast to 51.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.04% that was lower than 71.32% volatility it exhibited in the past 100-days period.

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