On Friday, Tidewater Inc. (NYSE: TDW) opened lower -7.37% from the last session, before settling in for the closing price of $94.51. Price fluctuations for TDW have ranged from $54.53 to $111.42 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 25.05%. Company’s average yearly earnings per share was noted 183.02% at the time writing. With a float of $49.81 million, this company’s outstanding shares have now reached $52.26 million.
The extent of productivity of a business whose workforce counts for 7300 workers is very important to gauge.
Tidewater Inc. (TDW) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Tidewater Inc. is 5.59%, while institutional ownership is 98.56%. The most recent insider transaction that took place on Jun 12 ’24, was worth 21,288,816. In this transaction DIRECTOR, PRESIDENT & CEO of this company sold 201,094 shares at a rate of $105.86, taking the stock ownership to the 134,624 shares. Before that another transaction happened on Jun 12 ’24, when Company’s Director sold 20,000 for $106.38, making the entire transaction worth $2,127,606. This insider now owns 68,802 shares in total.
Tidewater Inc. (TDW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 183.02% per share during the next fiscal year.
Tidewater Inc. (NYSE: TDW) Trading Performance Indicators
Check out the current performance indicators for Tidewater Inc. (TDW). In the past quarter, the stock posted a quick ratio of 1.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06. Likewise, its price to free cash flow for the trailing twelve months is 47.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.51, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 8.74 in one year’s time.
Technical Analysis of Tidewater Inc. (TDW)
The latest stats from [Tidewater Inc., TDW] show that its last 5-days average volume of 0.74 million was inferior to 0.85 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.84%. Additionally, its Average True Range was 4.57.
During the past 100 days, Tidewater Inc.’s (TDW) raw stochastic average was set at 22.99%, which indicates a significant increase from 4.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.95% in the past 14 days, which was lower than the 48.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.22, while its 200-day Moving Average is $82.24. Now, the first resistance to watch is $90.68. This is followed by the second major resistance level at $93.81. The third major resistance level sits at $95.87. If the price goes on to break the first support level at $85.49, it is likely to go to the next support level at $83.43. Assuming the price breaks the second support level, the third support level stands at $80.30.
Tidewater Inc. (NYSE: TDW) Key Stats
There are currently 52,762K shares outstanding in the company with a market cap of 4.62 billion. Presently, the company’s annual sales total 1,010 M according to its annual income of 97,190 K. Last quarter, the company’s sales amounted to 321,160 K and its income totaled 47,030 K.
