On Friday, HNR Acquisition Corp (AMEX: HNRA) opened lower -15.69% from the last session, before settling in for the closing price of $1.88. Price fluctuations for HNRA have ranged from $1.35 to $13.93 over the past 52 weeks.
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
With a float of $2.93 million, this company’s outstanding shares have now reached $5.59 million.
In terms of profitability, gross margin is -72966.55%, operating margin of 9.59%, and the pretax margin is -37.72%.
HNR Acquisition Corp (HNRA) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of HNR Acquisition Corp is 47.52%, while institutional ownership is 18.17%. The most recent insider transaction that took place on Aug 30 ’24, was worth 4,000. In this transaction Chief Financial Officer of this company bought 2,500 shares at a rate of $1.60, taking the stock ownership to the 27,185 shares. Before that another transaction happened on Aug 29 ’24, when Company’s VP of Finance and Admin bought 10,000 for $1.88, making the entire transaction worth $18,800. This insider now owns 45,000 shares in total.
HNR Acquisition Corp (HNRA) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.36 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.05) by -0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
HNR Acquisition Corp (AMEX: HNRA) Trading Performance Indicators
Check out the current performance indicators for HNR Acquisition Corp (HNRA). In the past quarter, the stock posted a quick ratio of 0.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.02 in the next quarter
Technical Analysis of HNR Acquisition Corp (HNRA)
HNR Acquisition Corp (AMEX: HNRA) saw its 5-day average volume 0.42 million, a positive change from its year-to-date volume of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 25.62%. Additionally, its Average True Range was 0.32.
During the past 100 days, HNR Acquisition Corp’s (HNRA) raw stochastic average was set at 8.95%, which indicates a significant decrease from 16.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.59% in the past 14 days, which was higher than the 90.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4037, while its 200-day Moving Average is $2.4083.
HNR Acquisition Corp (AMEX: HNRA) Key Stats
There are currently 5,537K shares outstanding in the company with a market cap of 8.86 million. Presently, the company’s annual sales total 0 K according to its annual income of -750 K. Last quarter, the company’s sales amounted to 5,144 K and its income totaled -638 K.
