On Tuesday, SilverBow Resources Inc (NYSE: SBOW) was -1.58% down from the session before settling in for the closing price of $32.35. A 52-week range for SBOW has been $21.08 – $43.95.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 34.96%. When this article was written, the company’s average yearly earnings per share was at 36.72%. With a float of $18.97 million, this company’s outstanding shares have now reached $25.43 million.
The extent of productivity of a business whose workforce counts for 134 workers is very important to gauge.
SilverBow Resources Inc (SBOW) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SilverBow Resources Inc stocks. The insider ownership of SilverBow Resources Inc is 25.69%, while institutional ownership is 70.24%. The most recent insider transaction that took place on Dec 14 ’23, was worth 68,057,000. In this transaction Former 10% Owner of this company sold 2,530,000 shares at a rate of $26.90, taking the stock ownership to the 393,351 shares. Before that another transaction happened on Nov 28 ’23, when Company’s Director bought 2,500 for $31.61, making the entire transaction worth $79,025. This insider now owns 2,500 shares in total.
SilverBow Resources Inc (SBOW) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 150.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 14.77% growth over the previous five years of trading.
SilverBow Resources Inc (NYSE: SBOW) Trading Performance Indicators
You can see what SilverBow Resources Inc (SBOW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.19, a number that is poised to hit 2.12 in the next quarter and is forecasted to reach 9.39 in one year’s time.
Technical Analysis of SilverBow Resources Inc (SBOW)
The latest stats from [SilverBow Resources Inc, SBOW] show that its last 5-days average volume of 0.57 million was superior to 0.4 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.56%. Additionally, its Average True Range was 1.15.
During the past 100 days, SilverBow Resources Inc’s (SBOW) raw stochastic average was set at 62.97%, which indicates a significant increase from 42.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.52% in the past 14 days, which was lower than the 36.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.11, while its 200-day Moving Average is $32.63. Now, the first resistance to watch is $32.81. This is followed by the second major resistance level at $33.77. The third major resistance level sits at $35.43. If the price goes on to break the first support level at $30.19, it is likely to go to the next support level at $28.53. The third support level lies at $27.57 if the price breaches the second support level.
SilverBow Resources Inc (NYSE: SBOW) Key Stats
There are 25,524K outstanding shares of the company, which has a market capitalization of 812.56 million. As of now, sales total 652,360 K while income totals 297,720 K. Its latest quarter income was 212,040 K while its last quarter net income were 183,060 K.
