Patterson-UTI Energy Inc (NASDAQ: PTEN) on Friday, soared 2.57% from the previous trading day, before settling in for the closing price of $5.84. Within the past 52 weeks, PTEN’s price has moved between $5.12 and $11.69.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 29.52%. The company achieved an average annual earnings per share of -25.91%. With a float of $347.04 million, this company’s outstanding shares have now reached $385.98 million.
The extent of productivity of a business whose workforce counts for 9200 workers is very important to gauge. In terms of profitability, gross margin is 4.18%, operating margin of -18.65%, and the pretax margin is -19.93%.
Patterson-UTI Energy Inc (PTEN) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Drilling industry stocks is more important than anything else. The insider ownership of Patterson-UTI Energy Inc is 10.09%, while institutional ownership is 92.22%. The most recent insider transaction that took place on May 09 ’25, was worth 480,000. Before that another transaction happened on Mar 12 ’25, when Company’s President & CEO bought 25,000 for $7.88, making the entire transaction worth $197,000. This insider now owns 2,482,592 shares in total.
Patterson-UTI Energy Inc (PTEN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -25.91% per share during the next fiscal year.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Trading Performance Indicators
Patterson-UTI Energy Inc (PTEN) is currently performing well based on its current performance indicators. A quick ratio of 1.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45. Likewise, its price to free cash flow for the trailing twelve months is 5.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.60, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
The latest stats from [Patterson-UTI Energy Inc, PTEN] show that its last 5-days average volume of 13.93 million was superior to 11.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.82%. Additionally, its Average True Range was 0.40.
During the past 100 days, Patterson-UTI Energy Inc’s (PTEN) raw stochastic average was set at 19.53%, which indicates a significant decrease from 64.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.39% in the past 14 days, which was lower than the 75.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.90, while its 200-day Moving Average is $8.06. Now, the first resistance to watch is $6.07. This is followed by the second major resistance level at $6.15. The third major resistance level sits at $6.21. If the price goes on to break the first support level at $5.92, it is likely to go to the next support level at $5.86. The third support level lies at $5.78 if the price breaches the second support level.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Key Stats
Market capitalization of the company is 2.31 billion based on 385,987K outstanding shares. Right now, sales total 5,378 M and income totals -968,030 K. The company made 1,281 M in profit during its latest quarter, and 1,010 K in sales during its previous quarter.
