A new trading day began on Monday, with Plains All American Pipeline LP (NASDAQ: PAA) stock price down -1.35% from the previous day of trading, before settling in for the closing price of $17.75. PAA’s price has ranged from $12.07 to $19.03 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 13.83%. Meanwhile, its annual earnings per share averaged -6.27%. With a float of $459.09 million, this company’s outstanding shares have now reached $701.01 million.
Let’s determine the extent of company efficiency that accounts for 4200 employees.
Plains All American Pipeline LP (PAA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Plains All American Pipeline LP is 34.52%, while institutional ownership is 41.27%. The most recent insider transaction that took place on Nov 21 ’23, was worth 545,321. In this transaction EVP & CCO of this company sold 35,000 shares at a rate of $15.58, taking the stock ownership to the 279,223 shares.
Plains All American Pipeline LP (PAA) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 36.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.70% during the next five years compared to -12.41% drop over the previous five years of trading.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Here are Plains All American Pipeline LP’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 5.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.36 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Looking closely at Plains All American Pipeline LP (NASDAQ: PAA), its last 5-days average volume was 5.67 million, which is a jump from its year-to-date volume of 3.32 million. As of the previous 9 days, the stock’s Stochastic %D was 27.77%. Additionally, its Average True Range was 0.34.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 66.74%, which indicates a significant increase from 23.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.96% in the past 14 days, which was higher than the 17.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.80, while its 200-day Moving Average is $15.59. However, in the short run, Plains All American Pipeline LP’s stock first resistance to watch stands at $17.79. Second resistance stands at $18.06. The third major resistance level sits at $18.20. If the price goes on to break the first support level at $17.37, it is likely to go to the next support level at $17.23. Now, if the price goes above the second support level, the third support stands at $16.96.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
With a market capitalization of 12.28 billion, the company has a total of 701,071K Shares Outstanding. Currently, annual sales are 48,712 M while annual income is 1,230 M. The company’s previous quarter sales were 12,698 M while its latest quarter income was 312,000 K.
