Plains All American Pipeline LP (PAA) distance from 200-day Simple Moving Average is $17.32: Right on the Precipice

Plains All American Pipeline LP (NASDAQ: PAA) started the day on Thursday, with a price increase of 2.01% at $17.78, before settling in for the price of $17.43 at the close. Taking a more long-term approach, PAA posted a 52-week range of $14.46-$19.17.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 13.83%. Meanwhile, its Annual Earning per share during the time was -12.41%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.59%. This publicly-traded company’s shares outstanding now amounts to $701.01 million, simultaneously with a float of $454.89 million. The organization now has a market capitalization sitting at $12.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.40, while the 200-day Moving Average is $17.32.

Plains All American Pipeline LP (PAA) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Midstream Industry. Plains All American Pipeline LP’s current insider ownership accounts for 35.12%, in contrast to 41.06% institutional ownership. According to the most recent insider trade that took place on Nov 21 ’23, this organization’s EVP & CCO sold 35,000 shares at the rate of 15.58, making the entire transaction reach 545,321 in total value, affecting insider ownership by 279,223.

Plains All American Pipeline LP (PAA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.

Plains All American Pipeline LP’s EPS decrease for this current 12-month fiscal period is -4.59% and is forecasted to reach 1.43 in the upcoming year.

Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators

Let’s observe the current performance indicators for Plains All American Pipeline LP (PAA). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.36. Alongside those numbers, its PE Ratio stands at $16.16, and its Beta score is 1.60. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.25. Similarly, its price to free cash flow for trailing twelve months is now 7.89.

In the same vein, PAA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.10, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.43 at the market close of one year from today.

Technical Analysis of Plains All American Pipeline LP (PAA)

If we take a close look at the recent performances of Plains All American Pipeline LP (NASDAQ: PAA), its last 5-days Average volume was 4.95 million that shows progress from its year to date volume of 2.74 million. During the previous 9 days, stock’s Stochastic %D was recorded 82.97% While, its Average True Range was 0.39.

Raw Stochastic average of Plains All American Pipeline LP (PAA) in the period of the previous 100 days is set at 53.04%, which indicates a major fall in contrast to 92.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.28% that was higher than 21.98% volatility it exhibited in the past 100-days period.