Woodside Energy Group Ltd ADR (WDS) 20 Days SMA touches -4.13%: The odds favor the bear

On Thursday, Woodside Energy Group Ltd ADR (NYSE: WDS) was 2.97% up from the session before settling in for the closing price of $12.44. A 52-week range for WDS has been $11.26 – $20.17.

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During the last 5-year period, the sales growth of Energy Sector giant was 38.35%. When this article was written, the company’s average yearly earnings per share was at -32.30%. With a float of $1.90 billion, this company’s outstanding shares have now reached $1.90 billion.

Let’s determine the extent of company efficiency that accounts for 4718 employees. In terms of profitability, gross margin is 43.08%, operating margin of 37.22%, and the pretax margin is 33.15%.

Woodside Energy Group Ltd ADR (WDS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -32.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -14.95% during the next five years compared to 38.75% growth over the previous five years of trading.

Woodside Energy Group Ltd ADR (NYSE: WDS) Trading Performance Indicators

You can see what Woodside Energy Group Ltd ADR (WDS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.74. Likewise, its price to free cash flow for the trailing twelve months is 36.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.87 and is forecasted to reach 0.76 in one year’s time.

Technical Analysis of Woodside Energy Group Ltd ADR (WDS)

Looking closely at Woodside Energy Group Ltd ADR (NYSE: WDS), its last 5-days average volume was 1.08 million, which is a jump from its year-to-date volume of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 69.24%. Additionally, its Average True Range was 0.56.

During the past 100 days, Woodside Energy Group Ltd ADR’s (WDS) raw stochastic average was set at 29.52%, which indicates a significant decrease from 44.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.61% in the past 14 days, which was higher than the 41.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.32, while its 200-day Moving Average is $16.10. However, in the short run, Woodside Energy Group Ltd ADR’s stock first resistance to watch stands at $12.96. Second resistance stands at $13.12. The third major resistance level sits at $13.26. If the price goes on to break the first support level at $12.66, it is likely to go to the next support level at $12.52. Should the price break the second support level, the third support level stands at $12.36.

Woodside Energy Group Ltd ADR (NYSE: WDS) Key Stats

There are 1,898,750K outstanding shares of the company, which has a market capitalization of 24.28 billion. As of now, sales total 13,179 M while income totals 3,573 M.