$1.19M in average volume shows that Valvoline Inc (VVV) is heading in the right direction

Valvoline Inc (NYSE: VVV) kicked off on Tuesday, up 0.96% from the previous trading day, before settling in for the closing price of $41.83. Over the past 52 weeks, VVV has traded in a range of $29.15-$45.37.

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Energy Sector giant saw their annual sales slid by -3.38% over the last five years. While this was happening, its average annual earnings per share was recorded 35.51%. With a float of $128.84 million, this company’s outstanding shares have now reached $134.80 million.

The firm has a total of 10900 workers. Let’s measure their productivity.

Valvoline Inc (VVV) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Valvoline Inc is 0.62%, while institutional ownership is 97.15%. The most recent insider transaction that took place on Nov 29 ’23, was worth 310,545. In this transaction Chief Legal Officer of this company sold 9,000 shares at a rate of $34.51, taking the stock ownership to the 15,981 shares. Before that another transaction happened on Nov 28 ’23, when Company’s Chief Technology Officer sold 2,000 for $34.49, making the entire transaction worth $68,973. This insider now owns 12,478 shares in total.

Valvoline Inc (VVV) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 35.51% per share during the next fiscal year.

Valvoline Inc (NYSE: VVV) Trading Performance Indicators

Take a look at Valvoline Inc’s (VVV) current performance indicators. Last quarter, stock had a quick ratio of 2.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.06, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.97 in one year’s time.

Technical Analysis of Valvoline Inc (VVV)

Analysing the last 5-days average volume posted by the [Valvoline Inc, VVV], we can find that recorded value of 0.87 million was lower than the volume posted last year of 1.17 million. As of the previous 9 days, the stock’s Stochastic %D was 39.81%. Additionally, its Average True Range was 0.82.

During the past 100 days, Valvoline Inc’s (VVV) raw stochastic average was set at 72.72%, which indicates a significant increase from 49.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.30% in the past 14 days, which was lower than the 23.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $42.67, while its 200-day Moving Average is $36.64. Now, the first resistance to watch is $42.47. This is followed by the second major resistance level at $42.72. The third major resistance level sits at $42.99. If the price goes on to break the first support level at $41.95, it is likely to go to the next support level at $41.68. Should the price break the second support level, the third support level stands at $41.43.

Valvoline Inc (NYSE: VVV) Key Stats

The company with the Market Capitalisation of 5.48 billion has total of 129,649K Shares Outstanding. Its annual sales at the moment are 1,444 M in contrast with the sum of 1,420 M annual income. Company’s last quarter sales were recorded 373,400 K and last quarter income was 31,900 K.