TotalEnergies SE (TTE) 20 Days SMA touches 1.60%: The odds favor the bear

January 24, 2023, TotalEnergies SE (NYSE: TTE) trading session started at the price of $63.955, that was -0.37% drop from the session before. During the day, the shares moved up to $64.32 and dropped to $63.38 before settling in for the closing price of $64.12. A 52-week range for TTE has been $43.84 – $65.05.


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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 7.60%. When this article was written, the company’s average yearly earnings per share was at 303.90%. With a float of $2.49 billion, this company’s outstanding shares have now reached $2.62 billion.

Considering the fact that the conglomerate employs 101309 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +12.74, operating margin of +13.43, and the pretax margin is +12.19.

TotalEnergies SE (TTE) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward TotalEnergies SE stocks. The insider ownership of TotalEnergies SE is 8.30%, while institutional ownership is 7.00%.

TotalEnergies SE (TTE) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/29/2022, it has been observed that the corporation posted $3.75 earnings per share (EPS) during the time that was better than consensus figure (set at $3.4) by $0.35. This company achieved a net margin of +8.68 while generating a return on equity of 14.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.57 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 303.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.00% during the next five years compared to 18.70% growth over the previous five years of trading.

TotalEnergies SE (NYSE: TTE) Trading Performance Indicators

You can see what TotalEnergies SE (TTE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65. Likewise, its price to free cash flow for the trailing twelve months is 5.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.72, a number that is poised to hit 3.07 in the next quarter and is forecasted to reach 11.56 in one year’s time.

Technical Analysis of TotalEnergies SE (TTE)

Compared to the last year’s volume of 1.52 million, its volume of 1.29 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.35%. Additionally, its Average True Range was 1.12.

During the past 100 days, TotalEnergies SE’s (TTE) raw stochastic average was set at 94.28%, which indicates a significant increase from 73.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.30% in the past 14 days, which was lower than the 28.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $61.25, while its 200-day Moving Average is $54.30. Nevertheless, the first resistance level for the watch stands at $64.34 in the near term. At $64.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.28. If the price goes on to break the first support level at $63.40, it is likely to go to the next support level at $62.92. Should the price break the second support level, the third support level stands at $62.46.

TotalEnergies SE (NYSE: TTE) Key Stats

There are 2,606,588K outstanding shares of the company, which has a market capitalization of 165.11 billion. As of now, sales total 184,634 M while income totals 16,032 M. Its latest quarter income was 64,962 M while its last quarter net income were 6,626 M.

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