Enerplus Corporation (NYSE: ERF) kicked off on Tuesday, down -0.54% from the previous trading day, before settling in for the closing price of $20.47. Over the past 52 weeks, ERF has traded in a range of $13.46-$20.97.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 30.42%. While this was happening, its average annual earnings per share was recorded -4.16%. With a float of $192.78 million, this company’s outstanding shares have now reached $202.20 million.
Considering the fact that the conglomerate employs 404 people, you should pay attention to its efficiency factor.
Enerplus Corporation (ERF) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Enerplus Corporation is 5.15%, while institutional ownership is 61.49%.
Enerplus Corporation (ERF) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 18.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.26% during the next five years compared to 11.85% growth over the previous five years of trading.
Enerplus Corporation (NYSE: ERF) Trading Performance Indicators
Take a look at Enerplus Corporation’s (ERF) current performance indicators. Last quarter, stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49. Likewise, its price to free cash flow for the trailing twelve months is 10.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.10, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Enerplus Corporation (ERF)
Compared to the last year’s volume of 3.07 million, its volume of 2.21 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.87%. Additionally, its Average True Range was 0.36.
During the past 100 days, Enerplus Corporation’s (ERF) raw stochastic average was set at 91.94%, which indicates a significant increase from 68.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.89% in the past 14 days, which was lower than the 28.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.08, while its 200-day Moving Average is $16.58. Nevertheless, the first resistance level for the watch stands at $20.54 in the near term. At $20.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.94. If the price goes on to break the first support level at $20.14, it is likely to go to the next support level at $19.93. Should the price break the second support level, the third support level stands at $19.74.
Enerplus Corporation (NYSE: ERF) Key Stats
The company with the Market Capitalisation of 4.14 billion has total of 204,246K Shares Outstanding. Its annual sales at the moment are 1,694 M in contrast with the sum of 456,080 K annual income. Company’s last quarter sales were recorded 448,050 K and last quarter income was 116,700 K.
