Kimbell Royalty Partners LP (KRP) distance from 200-day Simple Moving Average is $16.10: Right on the Precipice

Kimbell Royalty Partners LP (NYSE: KRP) started the day on Thursday, with a price decrease of -0.58% at $15.37, before settling in for the price of $15.46 at the close. Taking a more long-term approach, KRP posted a 52-week range of $14.75-$17.07.

The Energy Sector giants’ yearly sales growth during the last 5-year period was 32.50%. Meanwhile, its Annual Earning per share during the time was 18.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -47.20%. This publicly-traded company’s shares outstanding now amounts to $105.49 million, simultaneously with a float of $77.39 million. The organization now has a market capitalization sitting at $1.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.82, while the 200-day Moving Average is $16.10.

Kimbell Royalty Partners LP (KRP) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas E&P Industry. Kimbell Royalty Partners LP’s current insider ownership accounts for 5.30%, in contrast to 25.00% institutional ownership. According to the most recent insider trade that took place on Nov 12 ’24, this organization’s Controller sold 5,000 shares at the rate of 16.41, making the entire transaction reach 82,050 in total value, affecting insider ownership by 45,164. Preceding that transaction, on Aug 14 ’24, Company’s Controller sold 5,000 for 15.71, making the whole transaction’s value amount to 78,550. This particular insider is now the holder of 50,164 in total.

Kimbell Royalty Partners LP (KRP) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.

Kimbell Royalty Partners LP’s EPS decrease for this current 12-month fiscal period is -47.20% and is forecasted to reach 0.95 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.72% through the next 5 years, which can be compared against the 18.10% growth it accomplished over the previous five years trading on the market.

Kimbell Royalty Partners LP (NYSE: KRP) Trading Performance Indicators

Let’s observe the current performance indicators for Kimbell Royalty Partners LP (KRP). It’s Quick Ratio in the last reported quarter now stands at 4.80. The Stock has managed to achieve an average true range (ATR) of 0.29. Alongside those numbers, its PE Ratio stands at $29.56, and its Beta score is 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.99. Similarly, its price to free cash flow for trailing twelve months is now 6.41.

In the same vein, KRP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.52, a figure that is expected to reach 0.18 in the next quarter, and analysts are predicting that it will be 0.95 at the market close of one year from today.

Technical Analysis of Kimbell Royalty Partners LP (KRP)

If we take a close look at the recent performances of Kimbell Royalty Partners LP (NYSE: KRP), its last 5-days Average volume was 0.75 million that shows plunge from its year to date volume of 1.03 million. During the previous 9 days, stock’s Stochastic %D was recorded 27.81% While, its Average True Range was 0.29.

Raw Stochastic average of Kimbell Royalty Partners LP (KRP) in the period of the previous 100 days is set at 10.00%, which indicates a major fall in contrast to 17.65% 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 12.51% that was lower than 17.66% volatility it exhibited in the past 100-days period.