Calumet Inc (NASDAQ: CLMT) on Tuesday, plunged -2.62% from the previous trading day, before settling in for the closing price of $22.51. Within the past 52 weeks, CLMT’s price has moved between $9.97 and $25.29.
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Energy Sector giant saw their annual sales surged by 8.26% over the last five years. The company achieved an average annual earnings per share of -449.12%. With a float of $68.94 million, this company’s outstanding shares have now reached $85.90 million.
The firm has a total of 1580 workers. Let’s measure their productivity. In terms of profitability, gross margin is 4.54%, operating margin of -0.07%, and the pretax margin is -5.4%.
Calumet Inc (CLMT) Insider Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Calumet Inc is 19.74%, while institutional ownership is 36.56%. The most recent insider transaction that took place on Dec 03 ’24, was worth 1,650,000. Before that another transaction happened on Nov 12 ’24, when Company’s Director sold 100,000 for $20.59, making the entire transaction worth $2,059,000. This insider now owns 1,388,529 shares in total.
Calumet Inc (CLMT) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.84 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.46) by -0.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -449.12% per share during the next fiscal year.
Calumet Inc (NASDAQ: CLMT) Trading Performance Indicators
Calumet Inc (CLMT) is currently performing well based on its current performance indicators. A quick ratio of 0.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.75, a number that is poised to hit -0.58 in the next quarter and is forecasted to reach -0.26 in one year’s time.
Technical Analysis of Calumet Inc (CLMT)
Analysing the last 5-days average volume posted by the [Calumet Inc, CLMT], we can find that recorded value of 0.54 million was better than the volume posted last year of 0.41 million. As of the previous 9 days, the stock’s Stochastic %D was 67.56%. Additionally, its Average True Range was 1.17.
During the past 100 days, Calumet Inc’s (CLMT) raw stochastic average was set at 78.00%, which indicates a significant increase from 63.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.13% in the past 14 days, which was lower than the 74.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.58, while its 200-day Moving Average is $16.93. Now, the first resistance to watch is $22.83. This is followed by the second major resistance level at $23.73. The third major resistance level sits at $24.72. If the price goes on to break the first support level at $20.94, it is likely to go to the next support level at $19.95. Should the price break the second support level, the third support level stands at $19.05.
Calumet Inc (NASDAQ: CLMT) Key Stats
Market capitalization of the company is 1.88 billion based on 85,904K outstanding shares. Right now, sales total 4,181 M and income totals 48,100 K. The company made 1,100 M in profit during its latest quarter, and -100,600 K in sales during its previous quarter.
