On Monday KNOT Offshore Partners LP (NYSE: KNOP) opened higher 9.65% from the last session, before settling in for the closing price of $9.02. Price fluctuations for KNOP have ranged from $5.28 to $9.93 over the past 52 weeks.
A company in the Energy sector has dropped its sales by -33.12% annually for the last half of the decade. Company’s average yearly earnings per share was noted 131.19% 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 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 KNOT Offshore Partners LP is 29.65%, while institutional ownership is 28.50%.
KNOT Offshore Partners LP (KNOP) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.02) by -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 131.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 48.39% 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 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 2.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.19 in one year’s time.
Technical Analysis of KNOT Offshore Partners LP (KNOP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.19 million. That was better than the volume of 77470.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.18%.
During the past 100 days, KNOT Offshore Partners LP’s (KNOP) raw stochastic average was set at 97.14%, which indicates a significant increase from 91.97% 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 lower than the 0.28 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.70, while its 200-day Moving Average is $6.97. However, in the short run, KNOT Offshore Partners LP’s stock first resistance to watch stands at $10.02. Second resistance stands at $10.16. The third major resistance level sits at $10.31. If the price goes on to break the first support level at $9.73, it is likely to go to the next support level at $9.58. Assuming the price breaks the second support level, the third support level stands at $9.44.
KNOT Offshore Partners LP (NYSE: KNOP) Key Stats
There are currently 34,297K shares outstanding in the company with a market cap of 345.54 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 87,060 K and its income totaled 6,810 K.
