A new trading day began on Tuesday, with Genesis Energy L.P (NYSE: GEL) stock price up 3.80% from the previous day of trading, before settling in for the closing price of $10.80. GEL’s price has ranged from $10.01 to $15.17 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 4.07%. Meanwhile, its annual earnings per share averaged -158.41%. With a float of $93.69 million, this company’s outstanding shares have now reached $122.42 million.
Considering the fact that the conglomerate employs 2137 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 13.1%, operating margin of 8.2%, and the pretax margin is 0.9%.
Genesis Energy L.P (GEL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Genesis Energy L.P is 23.50%, while institutional ownership is 66.67%. The most recent insider transaction that took place on Aug 06 ’24, was worth 29,992. In this transaction Vice President of this company bought 2,261 shares at a rate of $13.27, taking the stock ownership to the 19,525 shares. Before that another transaction happened on Feb 29 ’24, when Company’s President & Chief Comm Officer bought 1,500 for $11.55, making the entire transaction worth $17,325. This insider now owns 21,500 shares in total.
Genesis Energy L.P (GEL) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.08 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -158.41% per share during the next fiscal year.
Genesis Energy L.P (NYSE: GEL) Trading Performance Indicators
Here are Genesis Energy L.P’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.75 in one year’s time.
Technical Analysis of Genesis Energy L.P (GEL)
Compared to the last year’s volume of 0.38 million, its volume of 1.13 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.93%. Additionally, its Average True Range was 0.39.
During the past 100 days, Genesis Energy L.P’s (GEL) raw stochastic average was set at 11.21%, which indicates a significant decrease from 17.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.97% in the past 14 days, which was higher than the 34.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.06, while its 200-day Moving Average is $12.67. Nevertheless, the first resistance level for the watch stands at $11.38 in the near term. At $11.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.88. If the price goes on to break the first support level at $10.88, it is likely to go to the next support level at $10.54. Should the price break the second support level, the third support level stands at $10.38.
Genesis Energy L.P (NYSE: GEL) Key Stats
With a market capitalization of 1.37 billion, the company has a total of 122,464K Shares Outstanding. Currently, annual sales are 3,177 M while annual income is 117,720 K. The company’s previous quarter sales were 714,300 K while its latest quarter income was -17,180 K.
