Mach Natural Resources LP (NYSE: MNR) open the trading on Wednesday, with a bit cautious approach as it glided -1.15% to $15.46, before settling in for the price of $15.64 at the close. Taking a more long-term approach, MNR posted a 52-week range of $14.40-$21.19.
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The Energy sector firm’s twelve-monthly sales growth has been -29.84% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -49.79%. This publicly-traded company’s shares outstanding now amounts to $95.00 million, simultaneously with a float of $18.77 million. The organization now has a market capitalization sitting at $1.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.32, while the 200-day Moving Average is $18.53.
Mach Natural Resources LP (MNR) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. Mach Natural Resources LP’s current insider ownership accounts for 81.87%, in contrast to 10.59% institutional ownership. According to the most recent insider trade that took place on Jun 14 ’24, this organization’s insider sold 300,000 shares at the rate of 18.50, making the entire transaction reach 5,550,000 in total value, affecting insider ownership by 467,054. Preceding that transaction, on Jun 10 ’24, Company’s insider sold 70,000 for 19.27, making the whole transaction’s value amount to 1,348,900. This particular insider is now the holder of 86,434 in total.
Mach Natural Resources LP (MNR) Earnings and Revenue Records
Mach Natural Resources LP’s EPS decrease for this current 12-month fiscal period is -49.79% and is forecasted to reach 2.49 in the upcoming year.
Mach Natural Resources LP (NYSE: MNR) Trading Performance Indicators
Let’s observe the current performance indicators for Mach Natural Resources LP (MNR). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 0.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.75.
In the same vein, MNR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.39, a figure that is expected to reach 0.64 in the next quarter, and analysts are predicting that it will be 2.49 at the market close of one year from today.
Technical Analysis of Mach Natural Resources LP (MNR)
[Mach Natural Resources LP, MNR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 24.12% While, its Average True Range was 0.55.
Raw Stochastic average of Mach Natural Resources LP (MNR) in the period of the previous 100 days is set at 4.53%, which indicates a major fall in contrast to 8.47% 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 29.47% that was lower than 31.30% volatility it exhibited in the past 100-days period.
