Let’s look at the key reasons that are pushing UGI Corp (UGI) to new highs

MAXR

A new trading day began on Friday, with UGI Corp (NYSE: UGI) stock price up 15.01% from the previous day of trading, before settling in for the closing price of $24.78. UGI’s price has ranged from $21.51 to $26.15 over the past 52 weeks.

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

During the last 5-year period, the sales growth of Utilities Sector giant was 1.61%. Meanwhile, its annual earnings per share averaged -3.51%. With a float of $213.75 million, this company’s outstanding shares have now reached $214.69 million.

Let’s determine the extent of company efficiency that accounts for 10500 employees. In terms of profitability, gross margin is 44.57%, operating margin of 12.69%, and the pretax margin is 11.54%.

UGI Corp (UGI) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Gas Industry. The insider ownership of UGI Corp is 0.44%, while institutional ownership is 84.86%.

UGI Corp (UGI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -3.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.70% during the next five years compared to -2.44% drop over the previous five years of trading.

UGI Corp (NYSE: UGI) Trading Performance Indicators

Here are UGI Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 15.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.24, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 2.96 in one year’s time.

Technical Analysis of UGI Corp (UGI)

Looking closely at UGI Corp (NYSE: UGI), its last 5-days average volume was 4.13 million, which is a jump from its year-to-date volume of 2.15 million. As of the previous 9 days, the stock’s Stochastic %D was 91.49%. Additionally, its Average True Range was 0.75.

During the past 100 days, UGI Corp’s (UGI) raw stochastic average was set at 97.59%, which indicates a significant increase from 97.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.36% in the past 14 days, which was higher than the 29.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.40, while its 200-day Moving Average is $24.24. However, in the short run, UGI Corp’s stock first resistance to watch stands at $29.74. Second resistance stands at $30.97. The third major resistance level sits at $33.29. If the price goes on to break the first support level at $26.19, it is likely to go to the next support level at $23.87. Now, if the price goes above the second support level, the third support stands at $22.64.

UGI Corp (NYSE: UGI) Key Stats

With a market capitalization of 7.04 billion, the company has a total of 214,689K Shares Outstanding. Currently, annual sales are 8,928 M while annual income is -1,502 M. The company’s previous quarter sales were 1,380 M while its latest quarter income was -48,000 K.