Icahn Enterprises L P (NASDAQ: IEP) kicked off on Monday, down -3.12% from the previous trading day, before settling in for the closing price of $12.48. Over the past 52 weeks, IEP has traded in a range of $9.72-$22.59.
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A company in the Energy sector has jumped its sales by 9.36% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 68.61%. With a float of $503.39 million, this company’s outstanding shares have now reached $504.00 million.
In an organization with 15038 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 8.59%, operating margin of 0.99%, and the pretax margin is -6.27%.
Icahn Enterprises L P (IEP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Icahn Enterprises L P is 0.12%, while institutional ownership is 86.72%.
Icahn Enterprises L P (IEP) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 68.61% per share during the next fiscal year.
Icahn Enterprises L P (NASDAQ: IEP) Trading Performance Indicators
Take a look at Icahn Enterprises L P’s (IEP) current performance indicators. Last quarter, stock had a quick ratio of 2.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57. Likewise, its price to free cash flow for the trailing twelve months is 14.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.09, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.80 in one year’s time.
Technical Analysis of Icahn Enterprises L P (IEP)
Let’s dig in a bit further. During the last 5-days, its volume was 1.07 million. That was better than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.83%. Additionally, its Average True Range was 0.69.
During the past 100 days, Icahn Enterprises L P’s (IEP) raw stochastic average was set at 28.87%, which indicates a significant decrease from 29.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.82% in the past 14 days, which was lower than the 59.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.29, while its 200-day Moving Average is $16.12. However, in the short run, Icahn Enterprises L P’s stock first resistance to watch stands at $12.31. Second resistance stands at $12.52. The third major resistance level sits at $12.93. If the price goes on to break the first support level at $11.69, it is likely to go to the next support level at $11.28. Assuming the price breaks the second support level, the third support level stands at $11.07.
Icahn Enterprises L P (NASDAQ: IEP) Key Stats
The company with the Market Capitalisation of 6.05 billion has total of 504,003K Shares Outstanding. Its annual sales at the moment are 10,847 M in contrast with the sum of -684,000 K annual income. Company’s last quarter sales were recorded 2,791 M and last quarter income was 22,000 K.
