Patterson-UTI Energy Inc (NASDAQ: PTEN) established initial surge of 2.13% at $7.68, before settling in for the price of $7.52 at the close. Taking a more long-term approach, PTEN posted a 52-week range of $7.15-$12.65.
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The Energy sector firm’s twelve-monthly sales growth has been 18.44% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -91.57%. This publicly-traded company’s shares outstanding now amounts to $389.94 million, simultaneously with a float of $351.43 million. The organization now has a market capitalization sitting at $3.06 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.99, while the 200-day Moving Average is $9.57.
Patterson-UTI Energy Inc (PTEN) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Patterson-UTI Energy Inc industry. Patterson-UTI Energy Inc’s current insider ownership accounts for 9.88%, in contrast to 92.70% institutional ownership. According to the most recent insider trade that took place on Dec 18 ’24, this organization’s Director sold 80,000 shares at the rate of 7.36, making the entire transaction reach 588,800 in total value, affecting insider ownership by 32,438.
Patterson-UTI Energy Inc (PTEN) Earnings and Revenue Records
Patterson-UTI Energy Inc’s EPS decrease for this current 12-month fiscal period is -91.57% and is forecasted to reach -0.03 in the upcoming year.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Trading Performance Indicators
Let’s observe the current performance indicators for Patterson-UTI Energy Inc (PTEN). It’s Quick Ratio in the last reported quarter now stands at 1.32. The Stock has managed to achieve an average true range (ATR) of 0.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.53. Similarly, its price to free cash flow for trailing twelve months is now 5.38.
In the same vein, PTEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.20, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.03 at the market close of one year from today.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
Now, what If we examine the latest scores posted by [Patterson-UTI Energy Inc, PTEN]. During the last 5-days, its volume was better the volume of 7.4 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 63.76% While, its Average True Range was 0.34.
Raw Stochastic average of Patterson-UTI Energy Inc (PTEN) in the period of the previous 100 days is set at 21.12%, which indicates a major fall in contrast to 42.23% 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 48.95% that was higher than 44.17% volatility it exhibited in the past 100-days period.
