On Friday, South Bow Corp (NYSE: SOBO) opened lower -4.40% from the last session, before settling in for the closing price of $25.93. Price fluctuations for SOBO have ranged from $21.12 to $27.60 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 4.17% annually for the last half of the decade. Company’s average yearly earnings per share was noted -13.57% at the time writing. With a float of $207.91 million, this company’s outstanding shares have now reached $208.22 million.
In terms of profitability, gross margin is 81.34%, operating margin of 33.05%, and the pretax margin is 15.79%.
South Bow Corp (SOBO) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of South Bow Corp is 0.24%, while institutional ownership is 86.44%. The most recent insider transaction that took place on Mar 13 ’25, was worth 3,616,668. Before that another transaction happened on Dec 02 ’24, when Company’s Senior Vice-President & COO proposed sale 56,546 for $36.00, making the entire transaction worth $2,035,658.
South Bow Corp (SOBO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -13.57% per share during the next fiscal year.
South Bow Corp (NYSE: SOBO) Trading Performance Indicators
Check out the current performance indicators for South Bow Corp (SOBO). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of South Bow Corp (SOBO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.66 million. That was inferior than the volume of 0.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.99%. Additionally, its Average True Range was 0.72.
During the past 100 days, South Bow Corp’s (SOBO) raw stochastic average was set at 56.37%, which indicates a significant increase from 14.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.51% in the past 14 days, which was lower than the 38.28% volatility it showed in the past 100 days.
However, in the short run, South Bow Corp’s stock first resistance to watch stands at $25.30. Second resistance stands at $25.82. The third major resistance level sits at $26.16. If the price goes on to break the first support level at $24.44, it is likely to go to the next support level at $24.10. Assuming the price breaks the second support level, the third support level stands at $23.58.
South Bow Corp (NYSE: SOBO) Key Stats
There are currently 208,221K shares outstanding in the company with a market cap of 5.16 billion. Presently, the company’s annual sales total 2,120 M according to its annual income of 316,000 K. Last quarter, the company’s sales amounted to 488,000 K and its income totaled 55,000 K.
