World Kinect Corp (NYSE: WKC) on Tuesday, soared 1.66% from the previous trading day, before settling in for the closing price of $26.46. Within the past 52 weeks, WKC’s price has moved between $17.69 and $28.60.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 14.53%. The company achieved an average annual earnings per share of 10.67%. With a float of $57.11 million, this company’s outstanding shares have now reached $59.80 million.
The extent of productivity of a business whose workforce counts for 5289 workers is very important to gauge.
World Kinect Corp (WKC) Insider Updates
Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of World Kinect Corp is 3.36%, while institutional ownership is 110.00%. The most recent insider transaction that took place on Aug 01 ’24, was worth 940,889. In this transaction Director of this company sold 34,264 shares at a rate of $27.46, taking the stock ownership to the 0 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Chairman Emeritus proposed sale 35,375 for $28.25, making the entire transaction worth $999,343.
World Kinect Corp (WKC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 10.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -14.59% drop over the previous five years of trading.
World Kinect Corp (NYSE: WKC) Trading Performance Indicators
World Kinect Corp (WKC) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.03. Likewise, its price to free cash flow for the trailing twelve months is 4.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.26, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.49 in one year’s time.
Technical Analysis of World Kinect Corp (WKC)
The latest stats from [World Kinect Corp, WKC] show that its last 5-days average volume of 0.82 million was superior to 0.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.56%. Additionally, its Average True Range was 0.70.
During the past 100 days, World Kinect Corp’s (WKC) raw stochastic average was set at 76.45%, which indicates a significant increase from 52.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.16% in the past 14 days, which was higher than the 24.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.22, while its 200-day Moving Average is $24.01. Now, the first resistance to watch is $27.12. This is followed by the second major resistance level at $27.34. The third major resistance level sits at $27.68. If the price goes on to break the first support level at $26.56, it is likely to go to the next support level at $26.22. Assuming the price breaks the second support level, the third support level stands at $26.00.
World Kinect Corp (NYSE: WKC) Key Stats
Market capitalization of the company is 1.59 billion based on 59,938K outstanding shares. Right now, sales total 47,711 M and income totals 52,900 K. The company made 10,965 M in profit during its latest quarter, and 108,300 K in sales during its previous quarter.
