On Tuesday, World Kinect Corp (NYSE: WKC) opened lower -0.39% from the last session, before settling in for the closing price of $30.91. Price fluctuations for WKC have ranged from $17.69 to $31.70 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 14.53%. Company’s average yearly earnings per share was noted 10.06% at the time writing. With a float of $57.13 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
A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of World Kinect Corp is 3.32%, while institutional ownership is 108.64%. The most recent insider transaction that took place on Aug 19 ’24, was worth 1,645,828. In this transaction Chairman, CEO and President of this company sold 58,948 shares at a rate of $27.92, taking the stock ownership to the 1,019,063 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 58,948 for $27.92, making the entire transaction worth $1,645,927.
World Kinect Corp (WKC) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.58 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.58) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.06% 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
Check out the current performance indicators for World Kinect Corp (WKC). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04. Likewise, its price to free cash flow for the trailing twelve months is 4.92.
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 2.47 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 1.1 million was superior to 0.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.73%. Additionally, its Average True Range was 0.71.
During the past 100 days, World Kinect Corp’s (WKC) raw stochastic average was set at 87.42%, which indicates a significant increase from 76.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.54% in the past 14 days, which was higher than the 22.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.26, while its 200-day Moving Average is $25.47. Now, the first resistance to watch is $31.05. This is followed by the second major resistance level at $31.31. The third major resistance level sits at $31.57. If the price goes on to break the first support level at $30.53, it is likely to go to the next support level at $30.27. Assuming the price breaks the second support level, the third support level stands at $30.01.
World Kinect Corp (NYSE: WKC) Key Stats
There are currently 59,938K shares outstanding in the company with a market cap of 1.82 billion. Presently, the company’s annual sales total 47,711 M according to its annual income of 52,900 K. Last quarter, the company’s sales amounted to 10,965 M and its income totaled 108,300 K.
