On Monday, Plains All American Pipeline LP (NASDAQ: PAA) opened lower -0.18% from the last session, before settling in for the closing price of $16.94. Price fluctuations for PAA have ranged from $15.02 to $19.17 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 13.83% annually for the last half of the decade. Company’s average yearly earnings per share was noted -5.85% at the time writing. With a float of $456.74 million, this company’s outstanding shares have now reached $703.67 million.
In an organization with 4200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.33%, operating margin of 3.16%, and the pretax margin is 3.08%.
Plains All American Pipeline LP (PAA) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Plains All American Pipeline LP is 35.09%, while institutional ownership is 40.57%.
Plains All American Pipeline LP (PAA) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.85% per share during the next fiscal year.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Check out the current performance indicators for Plains All American Pipeline LP (PAA). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24. Likewise, its price to free cash flow for the trailing twelve months is 5.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.42 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Let’s dig in a bit further. During the last 5-days, its volume was 5.27 million. That was better than the volume of 2.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.08%. Additionally, its Average True Range was 0.41.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 26.72%, which indicates a significant increase from 12.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.84% in the past 14 days, which was lower than the 22.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.42, while its 200-day Moving Average is $17.57. However, in the short run, Plains All American Pipeline LP’s stock first resistance to watch stands at $17.03. Second resistance stands at $17.14. The third major resistance level sits at $17.27. If the price goes on to break the first support level at $16.79, it is likely to go to the next support level at $16.66. Assuming the price breaks the second support level, the third support level stands at $16.55.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
There are currently 703,669K shares outstanding in the company with a market cap of 11.90 billion. Presently, the company’s annual sales total 48,712 M according to its annual income of 1,230 M. Last quarter, the company’s sales amounted to 12,743 M and its income totaled 220,000 K.
