2.15% volatility in Viper Energy Inc (VNOM) last month: This is a red flag warning

Viper Energy Inc (NASDAQ: VNOM) kicked off on Tuesday, up 0.71% from the previous trading day, before settling in for the closing price of $38.10. Over the past 52 weeks, VNOM has traded in a range of $23.97-$38.76.

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Annual sales at Energy sector company grew by 28.75% over the past five years. While this was happening, its average annual earnings per share was recorded -47.65%. With a float of $80.87 million, this company’s outstanding shares have now reached $86.14 million.

Viper Energy Inc (VNOM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Viper Energy Inc is 6.12%, while institutional ownership is 72.50%. The most recent insider transaction that took place on Mar 08 ’24, was worth 451,303,125. In this transaction Director of this company sold 13,225,000 shares at a rate of $34.12, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 16 ’23, when Company’s 10% Owner sold 9,018,760 for $28.70, making the entire transaction worth $258,838,412. This insider now owns 0 shares in total.

Viper Energy Inc (VNOM) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.67 earnings per share (EPS), higher than consensus estimate (set at $0.57) by $0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -47.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.88% during the next five years compared to 6.03% growth over the previous five years of trading.

Viper Energy Inc (NASDAQ: VNOM) Trading Performance Indicators

Take a look at Viper Energy Inc’s (VNOM) current performance indicators. Last quarter, stock had a quick ratio of 4.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.70, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.96 in one year’s time.

Technical Analysis of Viper Energy Inc (VNOM)

Viper Energy Inc (NASDAQ: VNOM) saw its 5-day average volume 0.96 million, a negative change from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 87.22%. Additionally, its Average True Range was 0.81.

During the past 100 days, Viper Energy Inc’s (VNOM) raw stochastic average was set at 96.50%, which indicates a significant increase from 92.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.34% in the past 14 days, which was lower than the 26.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.71, while its 200-day Moving Average is $30.14. Nevertheless, the first resistance level for the watch stands at $38.58 in the near term. At $38.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $39.14. If the price goes on to break the first support level at $38.02, it is likely to go to the next support level at $37.68. Assuming the price breaks the second support level, the third support level stands at $37.46.

Viper Energy Inc (NASDAQ: VNOM) Key Stats

The company with the Market Capitalisation of 3.31 billion has total of 176,854K Shares Outstanding. Its annual sales at the moment are 827,700 K in contrast with the sum of 200,090 K annual income. Company’s last quarter sales were recorded 204,710 K and last quarter income was 56,970 K.