Weatherford International plc (NASDAQ: WFRD) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $68.07. Within the past 52 weeks, WFRD’s price has moved between $66.23 and $135.00.
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Energy Sector giant saw their annual sales slid by -0.45% over the last five years. The company achieved an average annual earnings per share of 25.45%. With a float of $71.52 million, this company’s outstanding shares have now reached $72.70 million.
The firm has a total of 18500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.37%, operating margin of 17.42%, and the pretax margin is 12.99%.
Weatherford International plc (WFRD) Insider Activity
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Weatherford International plc is 1.56%, while institutional ownership is 95.67%. The most recent insider transaction that took place on Oct 25 ’24, was worth 521,566. In this transaction SVP & Chief Accounting Officer of this company sold 6,531 shares at a rate of $79.86, taking the stock ownership to the 11,680 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Officer proposed sale 6,531 for $79.86, making the entire transaction worth $521,566.
Weatherford International plc (WFRD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 25.45% per share during the next fiscal year.
Weatherford International plc (NASDAQ: WFRD) Trading Performance Indicators
Weatherford International plc (WFRD) is currently performing well based on its current performance indicators. A quick ratio of 1.49 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 0.89. Likewise, its price to free cash flow for the trailing twelve months is 7.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.14, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 7.04 in one year’s time.
Technical Analysis of Weatherford International plc (WFRD)
Analysing the last 5-days average volume posted by the [Weatherford International plc, WFRD], we can find that recorded value of 1.31 million was better than the volume posted last year of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 10.43%. Additionally, its Average True Range was 2.95.
During the past 100 days, Weatherford International plc’s (WFRD) raw stochastic average was set at 4.09%, which indicates a significant decrease from 9.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.59% in the past 14 days, which was lower than the 43.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.18, while its 200-day Moving Average is $104.42. Now, the first resistance to watch is $68.87. This is followed by the second major resistance level at $69.66. The third major resistance level sits at $70.86. If the price goes on to break the first support level at $66.88, it is likely to go to the next support level at $65.68. Should the price break the second support level, the third support level stands at $64.89.
Weatherford International plc (NASDAQ: WFRD) Key Stats
Market capitalization of the company is 4.95 billion based on 72,652K outstanding shares. Right now, sales total 5,135 M and income totals 417,000 K. The company made 1,409 M in profit during its latest quarter, and 157,000 K in sales during its previous quarter.
