Magnolia Oil & Gas Corporation (NYSE: MGY) open the trading on July 14, 2021, with a bit cautious approach as it glided -4.84% to $14.75. During the day, the stock rose to $15.88 and sunk to $14.61 before settling in for the price of $15.50 at the close. Taking a more long-term approach, MGY posted a 52-week range of $4.09-$16.38. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8350.00%. This publicly-traded company’s shares outstanding now amounts to $166.95 million, simultaneously with a float of $161.65 million. The organization now has a market capitalization sitting at $3.46 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.97, while the 200-day Moving Average is $9.91.
It is quite necessary to find out the efficiency of the corporate organization, which has 136 number of employees on its payroll. It has generated 3,930,191 per worker during the last fiscal year. Meanwhile, its income per employee was -8,885,221. The stock had 5.71 Receivables turnover and 0.22 Total Asset turnover. For the Profitability, stocks gross margin was -83.11, operating margin was -101.85 and Pretax Margin of -364.51.
Magnolia Oil & Gas Corporation (MGY) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. According to the most recent insider trade that took place on Jun 18, this organization’s Director sold 7,600,000 shares at the rate of 14.35, making the entire transaction reach 109,060,000 in total value, affecting insider ownership by 23,004,226. Preceding that transaction, on Jun 18, Company’s Director sold 7,600,000 for 14.35, making the whole transaction’s value amount to 109,060,000. This particular insider is now the holder of 23,004,226 in total.
Magnolia Oil & Gas Corporation (MGY) Earnings and Revenue Records
This company achieved a net margin of -226.08 while generating a return on equity of -103.98.
Magnolia Oil & Gas Corporation’s EPS increase for this current 12-month fiscal period is 8350.00% and is forecasted to reach 1.60 in the upcoming year.
Magnolia Oil & Gas Corporation (NYSE: MGY) Trading Performance Indicators
Let’s observe the current performance indicators for Magnolia Oil & Gas Corporation (MGY). It’s Quick Ratio in the last reported quarter now stands at 2.30. The Stock has managed to achieve an average true range (ATR) of 0.71. Alongside those numbers, its PE Ratio stands at $30.41, and its Beta score is 2.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.16. Similarly, its price to free cash flow for trailing twelve months is now 23.11.
In the same vein, MGY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.48, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.60 at the market close of one year from today.
Technical Analysis of Magnolia Oil & Gas Corporation (MGY)
[Magnolia Oil & Gas Corporation, MGY] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 41.57% While, its Average True Range was 0.73.
Raw Stochastic average of Magnolia Oil & Gas Corporation (MGY) in the period of the previous 100 days is set at 74.77%, which indicates a major rise in contrast to 8.43% 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 47.33% that was lower than 52.84% volatility it exhibited in the past 100-days period.