On Friday, KNOT Offshore Partners LP (NYSE: KNOP) opened higher 9.91% from the last session, before settling in for the closing price of $7.57. Price fluctuations for KNOP have ranged from $5.28 to $7.72 over the past 52 weeks.
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Annual sales at Energy sector company slipped by -33.12% over the past five years. Company’s average yearly earnings per share was noted 114.89% at the time writing. With a float of $24.13 million, this company’s outstanding shares have now reached $34.05 million.
KNOT Offshore Partners LP (KNOP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of KNOT Offshore Partners LP is 29.65%, while institutional ownership is 28.46%.
KNOT Offshore Partners LP (KNOP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 114.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.78% during the next five years compared to -33.12% drop over the previous five years of trading.
KNOT Offshore Partners LP (NYSE: KNOP) Trading Performance Indicators
Check out the current performance indicators for KNOT Offshore Partners LP (KNOP). In the past quarter, the stock posted a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 2.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 1.01 in one year’s time.
Technical Analysis of KNOT Offshore Partners LP (KNOP)
KNOT Offshore Partners LP (NYSE: KNOP) saw its 5-day average volume 91360.0, a positive change from its year-to-date volume of 68899.0. As of the previous 9 days, the stock’s Stochastic %D was 93.84%.
During the past 100 days, KNOT Offshore Partners LP’s (KNOP) raw stochastic average was set at 98.46%, which indicates a significant increase from 96.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.27 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.02, while its 200-day Moving Average is $6.30. Nevertheless, the first resistance level for the watch stands at $8.57 in the near term. At $8.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.29. If the price goes on to break the first support level at $7.86, it is likely to go to the next support level at $7.40. The third support level lies at $7.14 if the price breaches the second support level.
KNOT Offshore Partners LP (NYSE: KNOP) Key Stats
There are currently 34,297K shares outstanding in the company with a market cap of 290.68 million. Presently, the company’s annual sales total 318,600 K according to its annual income of 13,930 K. Last quarter, the company’s sales amounted to 84,030 K and its income totaled 7,580 K.
