South Jersey Industries Inc. (NYSE: SJI) on August 04, 2022, started off the session at the price of $34.53, soaring 0.03% from the previous trading day. During the day, the shares moved up to $34.67 and dropped to $34.31 before settling in for the closing price of $34.56. Within the past 52 weeks, SJI’s price has moved between $20.75 and $35.32.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 14.00%. The company achieved an average annual earnings per share of -50.70%. With a float of $116.53 million, this company’s outstanding shares have now reached $119.75 million.
The extent of productivity of a business whose workforce counts for 1172 workers is very important to gauge. In terms of profitability, gross margin is +17.38, operating margin of +17.30, and the pretax margin is +11.41.
South Jersey Industries Inc. (SJI) Insider Updates
Observing investor behavior towards Utilities – Diversified industry stocks is more important than anything else. The insider ownership of South Jersey Industries Inc. is 0.40%, while institutional ownership is 90.00%.
South Jersey Industries Inc. (SJI) Performance Highlights and Predictions
As on 3/30/2022, Multinational firm has announced its last quarter scores, in which it reported $1.25 earnings per share (EPS) for the period topping the consensus outlook (set at $1.15) by $0.1. This company achieved a net margin of +4.43 while generating a return on equity of 4.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.20% during the next five years compared to -12.50% drop over the previous five years of trading.
South Jersey Industries Inc. (NYSE: SJI) Trading Performance Indicators
South Jersey Industries Inc. (SJI) is currently performing well based on its current performance indicators. A quick ratio of 0.80 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.70, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 1.81 in one year’s time.
Technical Analysis of South Jersey Industries Inc. (SJI)
The latest stats from [South Jersey Industries Inc., SJI] show that its last 5-days average volume of 1.33 million was inferior to 1.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 82.45%. Additionally, its Average True Range was 0.30.
During the past 100 days, South Jersey Industries Inc.’s (SJI) raw stochastic average was set at 78.90%, which indicates a significant decrease from 89.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.91% in the past 14 days, which was lower than the 9.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.19, while its 200-day Moving Average is $29.92. Now, the first resistance to watch is $34.72. This is followed by the second major resistance level at $34.88. The third major resistance level sits at $35.08. If the price goes on to break the first support level at $34.36, it is likely to go to the next support level at $34.16. Assuming the price breaks the second support level, the third support level stands at $34.00.
South Jersey Industries Inc. (NYSE: SJI) Key Stats
Market capitalization of the company is 4.23 billion based on 122,407K outstanding shares. Right now, sales total 1,992 M and income totals 88,090 K. The company made 824,580 K in profit during its latest quarter, and 129,210 K in sales during its previous quarter.