-13.72% percent quarterly performance for Berry Corp (BRY) is not indicative of the underlying story

Steve Mayer

On Friday, Berry Corp (NASDAQ: BRY) opened higher 2.37% from the last session, before settling in for the closing price of $3.38. Price fluctuations for BRY have ranged from $2.11 to $5.09 over the past 52 weeks.

Over the past five-year period, the drop rate of yearbook sales for the company of the Energy sector was -14.00%. Company’s average yearly earnings per share was noted -84.93% at the time writing. With a float of $76.18 million, this company’s outstanding shares have now reached $77.60 million.

Berry Corp (BRY) Insider Activity

A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Berry Corp is 1.84%, while institutional ownership is 81.74%.

Berry Corp (BRY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.15) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -84.93% per share during the next fiscal year.

Berry Corp (NASDAQ: BRY) Trading Performance Indicators

Check out the current performance indicators for Berry Corp (BRY). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 5.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.18, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach -0.01 in one year’s time.

Technical Analysis of Berry Corp (BRY)

Compared to the last year’s volume of 1.1 million, its volume of 0.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.15%.

During the past 100 days, Berry Corp’s (BRY) raw stochastic average was set at 51.92%, which indicates a significant decrease from 85.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.08 in the past 14 days, which was lower than the 0.13 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.42, while its 200-day Moving Average is $3.14. Nevertheless, the first resistance level for the watch stands at $3.51 in the near term. At $3.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.62. If the price goes on to break the first support level at $3.40, it is likely to go to the next support level at $3.34. Should the price break the second support level, the third support level stands at $3.29.

Berry Corp (NASDAQ: BRY) Key Stats

There are currently 77,607K shares outstanding in the company with a market cap of 268.52 million. Presently, the company’s annual sales total 776,500 K according to its annual income of 19,250 K. Last quarter, the company’s sales amounted to 151,140 K and its income totaled -26,020 K.

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