Market Momentum: MV Oil Trust (MVO) Registers a -41.39% Decrease, Closing at $1.6

Kevin Freeman

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

MV Oil Trust (NYSE: MVO) closed the day trading at $1.6 down -41.39% from the previous closing price of $2.73. In other words, the price has decreased by -$41.39 from its previous closing price. On the day, 1.25 million shares were traded. MVO stock price reached its highest trading level at $2.61 during the session, while it also had its lowest trading level at $1.5.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on June 02, 2008, Reiterated its Sector Perform rating but revised its target price to $23.50 from $24.50 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVO now has a Market Capitalization of 18400000 and an Enterprise Value of 17252440. As of this moment, MV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 7.13. Its current Enterprise Value per Revenue stands at 1.35.

Stock Price History:

The Beta on a monthly basis for MVO is -0.08, which has changed by -0.6993392 over the last 52 weeks, in comparison to a change of 0.1276468 over the same period for the S&P500. Over the past 52 weeks, MVO has reached a high of $9.46, while it has fallen to a 52-week low of $2.59. The 50-Day Moving Average of the stock is -69.77%, while the 200-Day Moving Average is calculated to be -71.45%.

Shares Statistics:

Over the past 3-months, MVO traded about 86.38K shares per day on average, while over the past 10 days, MVO traded about 145030 shares per day. A total of 11.50M shares are outstanding, with a floating share count of 7.61M. Insiders hold about 33.84% of the company’s shares, while institutions hold 3.01% stake in the company. Shares short for MVO as of 1761868800 were 402069 with a Short Ratio of 4.65, compared to 1759190400 on 145310. Therefore, it implies a Short% of Shares Outstanding of 402069 and a Short% of Float of 5.59.

Dividends & Splits

MVO’s forward annual dividend rate is 0.91, up from 0.905 a year ago. Against a Trailing Annual Dividend Yield of 0.3315018. The stock’s 5-year Average Dividend Yield is 15.39.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.