Witnessing the stock’s movement on the chart, on Wednesday, Diamondback Energy Inc (NASDAQ: FANG) had a quiet start as it plunged -2.71% to $170.99, before settling in for the price of $175.76 at the close. Taking a more long-term approach, FANG posted a 52-week range of $142.17-$212.93.
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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 44.77%. Meanwhile, its Annual Earning per share during the time was 16.56%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.97%. This publicly-traded company’s shares outstanding now amounts to $292.74 million, simultaneously with a float of $189.31 million. The organization now has a market capitalization sitting at $49.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $181.46, while the 200-day Moving Average is $191.19.
Diamondback Energy Inc (FANG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas E&P industry. Diamondback Energy Inc’s current insider ownership accounts for 35.16%, in contrast to 59.30% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Director sold 1,150 shares at the rate of 181.00, making the entire transaction reach 208,150 in total value, affecting insider ownership by 4,712. Preceding that transaction, on Nov 13 ’24, Company’s Director sold 240 for 181.00, making the whole transaction’s value amount to 43,440. This particular insider is now the holder of 9,236 in total.
Diamondback Energy Inc (FANG) Earnings and Revenue Records
Diamondback Energy Inc’s EPS decrease for this current 12-month fiscal period is -12.97% and is forecasted to reach 15.07 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -3.00% through the next 5 years, which can be compared against the 16.56% growth it accomplished over the previous five years trading on the market.
Diamondback Energy Inc (NASDAQ: FANG) Trading Performance Indicators
Let’s observe the current performance indicators for Diamondback Energy Inc (FANG). It’s Quick Ratio in the last reported quarter now stands at 0.42. The Stock has managed to achieve an average true range (ATR) of 4.77. Alongside those numbers, its PE Ratio stands at $9.79, and its Beta score is 1.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.21. Similarly, its price to free cash flow for trailing twelve months is now 16.04.
In the same vein, FANG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 17.46, a figure that is expected to reach 3.46 in the next quarter, and analysts are predicting that it will be 15.07 at the market close of one year from today.
Technical Analysis of Diamondback Energy Inc (FANG)
Going through the that latest performance of [Diamondback Energy Inc, FANG]. Its last 5-days volume of 1.65 million was inferior to the volume of 1.76 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 14.65% While, its Average True Range was 4.74.
Raw Stochastic average of Diamondback Energy Inc (FANG) in the period of the previous 100 days is set at 6.75%, which indicates a major fall in contrast to 13.23% 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 27.83% that was lower than 32.45% volatility it exhibited in the past 100-days period.
