Liberty Energy Inc (NYSE: LBRT) on Tuesday, plunged -2.35% from the previous trading day, before settling in for the closing price of $22.10. Within the past 52 weeks, LBRT’s price has moved between $11.62 and $23.23.
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A company in the Energy sector has jumped its sales by 35.81% annually for the last half of the decade. The company achieved an average annual earnings per share of -17.32%. With a float of $159.98 million, this company’s outstanding shares have now reached $166.61 million.
In an organization with 5500 employees, it is important to assess its efficiency.
Liberty Energy Inc (LBRT) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Liberty Energy Inc is 3.68%, while institutional ownership is 100.07%. The most recent insider transaction that took place on Apr 04 ’24, was worth 453,200. In this transaction Chairman of the Board and CEO of this company sold 20,000 shares at a rate of $22.66, taking the stock ownership to the 2,858,814 shares. Before that another transaction happened on Apr 03 ’24, when Company’s Chairman of the Board and CEO sold 20,000 for $22.49, making the entire transaction worth $449,800. This insider now owns 2,878,814 shares in total.
Liberty Energy Inc (LBRT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 12.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.50% during the next five years compared to 11.79% growth over the previous five years of trading.
Liberty Energy Inc (NYSE: LBRT) Trading Performance Indicators
Liberty Energy Inc (LBRT) is currently performing well based on its current performance indicators. A quick ratio of 1.17 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 0.75. Likewise, its price to free cash flow for the trailing twelve months is 8.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.15, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 3.18 in one year’s time.
Technical Analysis of Liberty Energy Inc (LBRT)
Let’s dig in a bit further. During the last 5-days, its volume was 2.09 million. That was inferior than the volume of 2.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.37%. Additionally, its Average True Range was 0.70.
During the past 100 days, Liberty Energy Inc’s (LBRT) raw stochastic average was set at 74.77%, which indicates a significant increase from 47.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.91% in the past 14 days, which was lower than the 35.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.98, while its 200-day Moving Average is $18.61. However, in the short run, Liberty Energy Inc’s stock first resistance to watch stands at $21.93. Second resistance stands at $22.29. The third major resistance level sits at $22.64. If the price goes on to break the first support level at $21.22, it is likely to go to the next support level at $20.87. The third support level lies at $20.51 if the price breaches the second support level.
Liberty Energy Inc (NYSE: LBRT) Key Stats
Market capitalization of the company is 3.58 billion based on 166,682K outstanding shares. Right now, sales total 4,748 M and income totals 556,320 K. The company made 1,075 M in profit during its latest quarter, and 92,380 K in sales during its previous quarter.
