SilverBow Resources Inc (NYSE: SBOW) started the day on Wednesday, with a price decrease of -5.05% at $29.17, before settling in for the price of $30.72 at the close. Taking a more long-term approach, SBOW posted a 52-week range of $21.08-$43.95.
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In the past 5-years timespan, the Energy sector firm’s annual sales growth was 34.96%. Meanwhile, its Annual Earning per share during the time was 14.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 34.26%. This publicly-traded company’s shares outstanding now amounts to $25.43 million, simultaneously with a float of $18.97 million. The organization now has a market capitalization sitting at $744.42 million. At the time of writing, stock’s 50-day Moving Average stood at $31.95, while the 200-day Moving Average is $32.69.
SilverBow Resources Inc (SBOW) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. SilverBow Resources Inc’s current insider ownership accounts for 25.69%, in contrast to 70.87% institutional ownership. According to the most recent insider trade that took place on Dec 14 ’23, this organization’s Former 10% Owner sold 2,530,000 shares at the rate of 26.90, making the entire transaction reach 68,057,000 in total value, affecting insider ownership by 393,351. Preceding that transaction, on Nov 28 ’23, Company’s Director bought 2,500 for 31.61, making the whole transaction’s value amount to 79,025. This particular insider is now the holder of 2,500 in total.
SilverBow Resources Inc (SBOW) Earnings and Revenue Records
SilverBow Resources Inc’s EPS increase for this current 12-month fiscal period is 34.26% and is forecasted to reach 9.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.00% through the next 5 years, which can be compared against the 14.77% growth it accomplished over the previous five years trading on the market.
SilverBow Resources Inc (NYSE: SBOW) Trading Performance Indicators
Let’s observe the current performance indicators for SilverBow Resources Inc (SBOW). It’s Quick Ratio in the last reported quarter now stands at 1.05. The Stock has managed to achieve an average true range (ATR) of 1.30. Alongside those numbers, its PE Ratio stands at $2.39, and its Beta score is 2.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.14.
In the same vein, SBOW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 12.19, a figure that is expected to reach 1.96 in the next quarter, and analysts are predicting that it will be 9.41 at the market close of one year from today.
Technical Analysis of SilverBow Resources Inc (SBOW)
If we take a close look at the recent performances of SilverBow Resources Inc (NYSE: SBOW), its last 5-days Average volume was 0.39 million that shows plunge from its year to date volume of 0.39 million. During the previous 9 days, stock’s Stochastic %D was recorded 43.25% While, its Average True Range was 1.39.
Raw Stochastic average of SilverBow Resources Inc (SBOW) in the period of the previous 100 days is set at 37.69%, which indicates a major rise in contrast to 1.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 50.48% that was higher than 38.96% volatility it exhibited in the past 100-days period.
