Oneok Inc. (OKE) 20 Days SMA touch -3.03%: Odds are Looking very much in favour

As on Thursday, Oneok Inc. (NYSE: OKE) got off with the flyer as it spiked 0.04% to $76.95, before settling in for the price of $76.92 at the close. Taking a more long-term approach, OKE posted a 52-week range of $55.91-$81.81.

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

The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 15.36%. Meanwhile, its Annual Earning per share during the time was 14.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -10.44%. This publicly-traded company’s shares outstanding now amounts to $583.09 million, simultaneously with a float of $581.61 million. The organization now has a market capitalization sitting at $44.87 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.13, while the 200-day Moving Average is $69.99.

Oneok Inc. (OKE) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Midstream industry. Oneok Inc.’s current insider ownership accounts for 0.26%, in contrast to 70.05% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Director bought 2,700 shares at the rate of 75.25, making the entire transaction reach 203,175 in total value, affecting insider ownership by 2,700. Preceding that transaction, on Dec 22 ’23, Company’s Director sold 800 for 70.29, making the whole transaction’s value amount to 56,230. This particular insider is now the holder of 25,154 in total.

Oneok Inc. (OKE) Earnings and Revenue Records

Oneok Inc.’s EPS decrease for this current 12-month fiscal period is -10.44% and is forecasted to reach 5.48 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.80% through the next 5 years, which can be compared against the 14.52% growth it accomplished over the previous five years trading on the market.

Oneok Inc. (NYSE: OKE) Trading Performance Indicators

Let’s observe the current performance indicators for Oneok Inc. (OKE). It’s Quick Ratio in the last reported quarter now stands at 0.48. The Stock has managed to achieve an average true range (ATR) of 1.46. Alongside those numbers, its PE Ratio stands at $17.91, and its Beta score is 1.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.53. Similarly, its price to free cash flow for trailing twelve months is now 21.94.

In the same vein, OKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.30, a figure that is expected to reach 1.20 in the next quarter, and analysts are predicting that it will be 5.48 at the market close of one year from today.

Technical Analysis of Oneok Inc. (OKE)

Through scrutinizing the latest numbers posted by the [Oneok Inc., OKE], it can be observed that its last 5-days Average volume of 3.21 million was better the volume of 3.01 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 17.74% While, its Average True Range was 1.55.

Raw Stochastic average of Oneok Inc. (OKE) in the period of the previous 100 days is set at 70.22%, which indicates a major rise in contrast to 11.96% 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 21.27% that was higher than 17.88% volatility it exhibited in the past 100-days period.