Plains All American Pipeline LP (NASDAQ: PAA) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $17.11. Within the past 52 weeks, PAA’s price has moved between $14.46 and $19.17.
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
Annual sales at Energy sector company grew by 13.83% over the past five years. The company achieved an average annual earnings per share of -4.66%. With a float of $454.89 million, this company’s outstanding shares have now reached $701.01 million.
Let’s look at the performance matrix of the company that is accounted for 4200 employees. In terms of profitability, gross margin is 3.73%, operating margin of 2.97%, and the pretax margin is 2.93%.
Plains All American Pipeline LP (PAA) Insider Updates
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Plains All American Pipeline LP is 35.12%, while institutional ownership is 41.04%. The most recent insider transaction that took place on Nov 21 ’23, was worth 545,321. In this transaction EVP & CCO of this company sold 35,000 shares at a rate of $15.58, taking the stock ownership to the 279,223 shares.
Plains All American Pipeline LP (PAA) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.35 earnings per share (EPS) for the period topping the consensus outlook (set at 0.26) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.66% per share during the next fiscal year.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Plains All American Pipeline LP (PAA) is currently performing well based on its current performance indicators. A quick ratio of 0.90 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 0.24. Likewise, its price to free cash flow for the trailing twelve months is 7.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.10, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.43 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Plains All American Pipeline LP (NASDAQ: PAA) saw its 5-day average volume 1.96 million, a negative change from its year-to-date volume of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 9.73%. Additionally, its Average True Range was 0.30.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 27.97%, which indicates a significant increase from 5.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.65% in the past 14 days, which was lower than the 20.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.55, while its 200-day Moving Average is $17.24. Nevertheless, the first resistance level for the watch stands at $17.18 in the near term. At $17.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.31. If the price goes on to break the first support level at $17.05, it is likely to go to the next support level at $17.00. Assuming the price breaks the second support level, the third support level stands at $16.92.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
Market capitalization of the company is 12.00 billion based on 701,071K outstanding shares. Right now, sales total 48,712 M and income totals 1,230 M. The company made 12,933 M in profit during its latest quarter, and 250,000 K in sales during its previous quarter.
