TransGlobe Energy Corporation (NASDAQ:TGA) is a stock that investors should take a bite out of.

After closing at $2.92 in the most recent trading day, TransGlobe Energy Corporation (NASDAQ: TGA) closed at 2.94, up 0.68%. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 2068505 shares were traded. TGA reached its highest trading level at $3.0050 during the session, while it also had its lowest trading level at $2.8600.

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Our goal is to gain a better understanding of TGA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.98. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

On June 04, 2012, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $13.RBC Capital Mkts initiated its Sector Perform rating on June 04, 2012, with a $13 target price.

Valuation Measures:

As of this moment, TransGlobe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.86.

Stock Price History:

Over the past 52 weeks, TGA has reached a high of $5.50, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is 3.2998, while the 200-Day Moving Average is calculated to be 3.5941.

Shares Statistics:

The stock has traded on average 1.08M shares per day over the past 3-months and 1.1M shares per day over the last 10 days, according to various share statistics. A total of 73.24M shares are outstanding, with a floating share count of 66.30M. Insiders hold about 6.30% of the company’s shares, while institutions hold 38.00% stake in the company. Shares short for TGA as of Jul 14, 2022 were 901.34k with a Short Ratio of 0.84, compared to 583.76k on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.23% and a Short% of Float of 1.29%.

Dividends & Splits

In the trailing 12 months, TGA’s forward annual dividend rate was 0.04, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 1.20%, it implies a Forward Annual Dividend Yield of 5.18%. The current Payout Ratio is 0.00% for TGA, which recently paid a dividend on May 11, 2022 with an ex-dividend date of Apr 27, 2022. Stock splits for the company last occurred on May 20, 1992 when the company split stock in a 1:5 ratio.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.