A new trading day began on Tuesday, with Plains All American Pipeline LP (NASDAQ: PAA) stock price up 0.65% from the previous day of trading, before settling in for the closing price of $20.00. PAA’s price has ranged from $16.21 to $21.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 14.82%. Meanwhile, its annual earnings per share averaged 1.75%. With a float of $454.75 million, this company’s outstanding shares have now reached $703.77 million.
The extent of productivity of a business whose workforce counts for 4200 workers is very important to gauge. In terms of profitability, gross margin is 27.12%, operating margin of 2.48%, and the pretax margin is 2.55%.
Plains All American Pipeline LP (PAA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Plains All American Pipeline LP is 35.38%, while institutional ownership is 41.08%.
Plains All American Pipeline LP (PAA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.60% 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
Here are Plains All American Pipeline LP’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 7.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.73, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.56 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
The latest stats from [Plains All American Pipeline LP, PAA] show that its last 5-days average volume of 2.13 million was inferior to 3.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.82%. Additionally, its Average True Range was 0.41.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 80.54%, which indicates a significant increase from 73.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.97% in the past 14 days, which was lower than the 26.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.00, while its 200-day Moving Average is $18.27. Now, the first resistance to watch is $20.26. This is followed by the second major resistance level at $20.39. The third major resistance level sits at $20.61. If the price goes on to break the first support level at $19.90, it is likely to go to the next support level at $19.68. 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
With a market capitalization of 14.17 billion, the company has a total of 703,776K Shares Outstanding. Currently, annual sales are 50,073 M while annual income is 772,000 K. The company’s previous quarter sales were 12,402 M while its latest quarter income was 36,000 K.
