As on Wednesday, Devon Energy Corp. (NYSE: DVN) got off with the flyer as it spiked 1.86% to $47.03, before settling in for the price of $46.17 at the close. Taking a more long-term approach, DVN posted a 52-week range of $40.17-$54.93.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 32.26%. Meanwhile, its Annual Earning per share during the time was -1.04%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.54%. This publicly-traded company’s shares outstanding now amounts to $635.70 million, simultaneously with a float of $622.84 million. The organization now has a market capitalization sitting at $29.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $47.13, while the 200-day Moving Average is $46.76.
Devon Energy Corp. (DVN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Devon Energy Corp.’s current insider ownership accounts for 0.75%, in contrast to 73.20% institutional ownership. According to the most recent insider trade that took place on May 07 ’24, this organization’s EVP Human Resources and Admin sold 20,000 shares at the rate of 51.04, making the entire transaction reach 1,020,800 in total value, affecting insider ownership by 104,182. Preceding that transaction, on Mar 04 ’24, Company’s President and CEO bought 15,000 for 44.42, making the whole transaction’s value amount to 666,300. This particular insider is now the holder of 1,973,006 in total.
Devon Energy Corp. (DVN) Earnings and Revenue Records
Devon Energy Corp.’s EPS decrease for this current 12-month fiscal period is -7.54% and is forecasted to reach 6.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.40% through the next 5 years, which can be compared against the -1.04% growth it accomplished over the previous five years trading on the market.
Devon Energy Corp. (NYSE: DVN) Trading Performance Indicators
Let’s observe the current performance indicators for Devon Energy Corp. (DVN). It’s Quick Ratio in the last reported quarter now stands at 0.97. The Stock has managed to achieve an average true range (ATR) of 1.05. Alongside those numbers, its PE Ratio stands at $8.96, and its Beta score is 2.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.96. Similarly, its price to free cash flow for trailing twelve months is now 10.48.
In the same vein, DVN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.25, a figure that is expected to reach 1.26 in the next quarter, and analysts are predicting that it will be 6.06 at the market close of one year from today.
Technical Analysis of Devon Energy Corp. (DVN)
Through scrutinizing the latest numbers posted by the [Devon Energy Corp., DVN], it can be observed that its last 5-days Average volume of 5.29 million was lower the volume of 7.15 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.19% While, its Average True Range was 1.06.
Raw Stochastic average of Devon Energy Corp. (DVN) in the period of the previous 100 days is set at 20.09%, which indicates a major fall in contrast to 44.79% 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 23.60% that was higher than 21.18% volatility it exhibited in the past 100-days period.
