Weatherford International plc (NASDAQ: WFRD) kicked off on Tuesday, up 2.60% from the previous trading day, before settling in for the closing price of $115.10. Over the past 52 weeks, WFRD has traded in a range of $55.81-$127.45.
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
A company in the Energy sector has dropped its sales by -0.45% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 22.45%. With a float of $70.91 million, this company’s outstanding shares have now reached $72.00 million.
In an organization with 18500 employees, it is important to assess its efficiency.
Weatherford International plc (WFRD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Weatherford International plc is 1.96%, while institutional ownership is 98.27%. The most recent insider transaction that took place on Feb 21 ’24, was worth 6,214,136. In this transaction President and CEO of this company sold 60,000 shares at a rate of $103.57, taking the stock ownership to the 146,895 shares. Before that another transaction happened on Feb 15 ’24, when Company’s EVP, Global Product Lines sold 4,717 for $100.96, making the entire transaction worth $476,209. This insider now owns 2,536 shares in total.
Weatherford International plc (WFRD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 22.45% per share during the next fiscal year.
Weatherford International plc (NASDAQ: WFRD) Trading Performance Indicators
Take a look at Weatherford International plc’s (WFRD) current performance indicators. Last quarter, stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66. Likewise, its price to free cash flow for the trailing twelve months is 13.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.65, a number that is poised to hit 1.62 in the next quarter and is forecasted to reach 8.57 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
Let’s dig in a bit further. During the last 5-days, its volume was 0.85 million. That was better than the volume of 0.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.40%. Additionally, its Average True Range was 4.20.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 79.33%, which indicates a significant increase from 51.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.44% in the past 14 days, which was lower than the 41.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $111.90, while its 200-day Moving Average is $95.58. However, in the short run, Weatherford International plc’s stock first resistance to watch stands at $119.44. Second resistance stands at $120.78. The third major resistance level sits at $123.16. If the price goes on to break the first support level at $115.72, it is likely to go to the next support level at $113.34. The third support level lies at $112.00 if the price breaches the second support level.
Weatherford International plc (NASDAQ: WFRD) Key Stats
The company with the Market Capitalisation of 8.54 billion has total of 72,316K Shares Outstanding. Its annual sales at the moment are 5,135 M in contrast with the sum of 417,000 K annual income. Company’s last quarter sales were recorded 1,362 M and last quarter income was 140,000 K.
