Plains All American Pipeline LP (NASDAQ: PAA) kicked off on Tuesday, up 2.83% from the previous trading day, before settling in for the closing price of $19.80. Over the past 52 weeks, PAA has traded in a range of $15.64-$21.00.
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Annual sales at Energy sector company grew by 14.71% over the past five years. While this was happening, its average annual earnings per share was recorded 0.35%. With a float of $454.66 million, this company’s outstanding shares have now reached $703.67 million.
Let’s look at the performance matrix of the company that is accounted for 4200 employees. In terms of profitability, gross margin is 51.19%, operating margin of 2.47%, and the pretax margin is 2.55%.
Plains All American Pipeline LP (PAA) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Plains All American Pipeline LP is 35.39%, while institutional ownership is 41.10%.
Plains All American Pipeline LP (PAA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.51% during the next five years compared to -22.68% drop over the previous five years of trading.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Take a look at Plains All American Pipeline LP’s (PAA) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29. Likewise, its price to free cash flow for the trailing twelve months is 6.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.73, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.53 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Plains All American Pipeline LP (NASDAQ: PAA) saw its 5-day average volume 2.74 million, a negative change from its year-to-date volume of 4.66 million. As of the previous 9 days, the stock’s Stochastic %D was 64.07%. Additionally, its Average True Range was 0.49.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 86.64%, which indicates a significant increase from 64.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.32% in the past 14 days, which was higher than the 26.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.79, while its 200-day Moving Average is $17.86. Nevertheless, the first resistance level for the watch stands at $20.55 in the near term. At $20.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.04. If the price goes on to break the first support level at $20.05, it is likely to go to the next support level at $19.74. The third support level lies at $19.55 if the price breaches the second support level.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
The company with the Market Capitalisation of 14.33 billion has total of 703,669K Shares Outstanding. Its annual sales at the moment are 50,073 M in contrast with the sum of 772,000 K annual income. Company’s last quarter sales were recorded 12,402 M and last quarter income was 36,000 K.
