Viper Energy Inc (VNOM) 14-day ATR is 1.56: This Stock is Set to Soar Above its Peers

Witnessing the stock’s movement on the chart, on Wednesday, Viper Energy Inc (NASDAQ: VNOM) set off with pace as it heaved 2.69% to $50.01, before settling in for the price of $48.70 at the close. Taking a more long-term approach, VNOM posted a 52-week range of $29.66-$56.76.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 34.95%. Meanwhile, its Annual Earning per share during the time was 6.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -25.85%. This publicly-traded company’s shares outstanding now amounts to $102.95 million, simultaneously with a float of $101.91 million. The organization now has a market capitalization sitting at $10.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $50.27, while the 200-day Moving Average is $45.44.

Viper Energy Inc (VNOM) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Midstream industry. Viper Energy Inc’s current insider ownership accounts for 1.03%, in contrast to 98.64% institutional ownership. According to the most recent insider trade that took place on Mar 08 ’24, this organization’s Director sold 13,225,000 shares at the rate of 34.12, making the entire transaction reach 451,303,125 in total value, affecting insider ownership by 0.

Viper Energy Inc (VNOM) Earnings and Revenue Records

Viper Energy Inc’s EPS decrease for this current 12-month fiscal period is -25.85% and is forecasted to reach 1.89 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -6.48% through the next 5 years, which can be compared against the 6.03% growth it accomplished over the previous five years trading on the market.

Viper Energy Inc (NASDAQ: VNOM) Trading Performance Indicators

Let’s observe the current performance indicators for Viper Energy Inc (VNOM). It’s Quick Ratio in the last reported quarter now stands at 7.24. The Stock has managed to achieve an average true range (ATR) of 1.56. Alongside those numbers, its PE Ratio stands at $21.40, and its Beta score is 1.68. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.82. Similarly, its price to free cash flow for trailing twelve months is now 17.54.

In the same vein, VNOM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.34, a figure that is expected to reach 0.43 in the next quarter, and analysts are predicting that it will be 1.89 at the market close of one year from today.

Technical Analysis of Viper Energy Inc (VNOM)

Going through the that latest performance of [Viper Energy Inc, VNOM]. Its last 5-days volume of 6.16 million indicated improvement to the volume of 2.0 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 67.63% While, its Average True Range was 1.61.

Raw Stochastic average of Viper Energy Inc (VNOM) in the period of the previous 100 days is set at 52.26%, which indicates a major fall in contrast to 69.50% 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 27.25% that was lower than 30.93% volatility it exhibited in the past 100-days period.