Witnessing the stock’s movement on the chart, on July 14, 2021, Abraxas Petroleum Corporation (NASDAQ: AXAS) set off with pace as it heaved 4.29% to $2.92. During the day, the stock rose to $3.16 and sunk to $2.7266 before settling in for the price of $2.80 at the close. Taking a more long-term approach, AXAS posted a 52-week range of $1.41-$5.58.It was noted that the giant of the Energy sector posted annual sales growth of -8.50% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 2.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -181.50%. This publicly-traded company’s shares outstanding now amounts to $8.38 million, simultaneously with a float of $8.21 million. The organization now has a market capitalization sitting at $23.62 million. At the time of writing, stock’s 50-day Moving Average stood at $2.75, while the 200-day Moving Average is $2.81.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 62 workers. It has generated 694,242 per worker during the last fiscal year. Meanwhile, its income per employee was -2,976,161. The stock had 2.90 Receivables turnover and 0.17 Total Asset turnover. For the Profitability, stocks gross margin was -8.49, operating margin was -28.90 and Pretax Margin of -428.69.
Abraxas Petroleum Corporation (AXAS) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas E&P industry. Abraxas Petroleum Corporation’s current insider ownership accounts for 2.47%, in contrast to 13.40% institutional ownership.
Abraxas Petroleum Corporation (AXAS) Earnings and Revenue Records
This company achieved a net margin of -428.69 while generating a return on equity of -1,196.18.
Abraxas Petroleum Corporation’s EPS decrease for this current 12-month fiscal period is -181.50% and is forecasted to reach -0.04 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.00% through the next 5 years, which can be compared against the 2.00% growth it accomplished over the previous five years trading on the market.
Abraxas Petroleum Corporation (NASDAQ: AXAS) Trading Performance Indicators
Let’s observe the current performance indicators for Abraxas Petroleum Corporation (AXAS). It’s Quick Ratio in the last reported quarter now stands at 0.10. The Stock has managed to achieve an average true range (ATR) of 0.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.54. Similarly, its price to free cash flow for trailing twelve months is now 1.56.
In the same vein, AXAS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -29.78, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be -0.04 at the market close of one year from today.
Technical Analysis of Abraxas Petroleum Corporation (AXAS)
Going through the that latest performance of [Abraxas Petroleum Corporation, AXAS]. Its last 5-days volume of 0.42 million was inferior to the volume of 0.51 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 6.57% While, its Average True Range was 0.29.
Raw Stochastic average of Abraxas Petroleum Corporation (AXAS) in the period of the previous 100 days is set at 34.08%, which indicates a major rise in contrast to 14.08% 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 93.12% that was higher than 92.37% volatility it exhibited in the past 100-days period.