The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $27.51 in the prior trading day, Sable Offshore Corp (NYSE: SOC) closed at $28.78, up 4.62%. In other words, the price has increased by $4.62 from its previous closing price. On the day, 2.99 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SOC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 3.04.
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, ROTH MKM on March 27, 2025, initiated with a Buy rating and assigned the stock a target price of $30.
On November 05, 2024, Johnson Rice started tracking the stock assigning a Buy rating and target price of $30.Johnson Rice initiated its Buy rating on November 05, 2024, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 17 ’25 when Pilgrim Global ICAV sold 143,806 shares for $25.37 per share. The transaction valued at 3,648,358 led to the insider holds 10,100,569 shares of the business.
Pilgrim Global ICAV bought 750,000 shares of SOC for $15,000,000 on Sep 19 ’24. The 10% Owner now owns 8,791,001 shares after completing the transaction at $20.00 per share. On Aug 27 ’24, another insider, Pilgrim Global ICAV, who serves as the 10% Owner of the company, bought 41,000 shares for $15.45 each. As a result, the insider paid 633,450 and bolstered with 8,041,001 shares of the company.
Stock Price History:
Over the past 52 weeks, SOC has reached a high of $35.00, while it has fallen to a 52-week low of $13.66. The 50-Day Moving Average of the stock is 21.26%, while the 200-Day Moving Average is calculated to be 25.10%.
Shares Statistics:
A total of 89.34M shares are outstanding, with a floating share count of 74.94M. Insiders hold about 23.61% of the company’s shares, while institutions hold 55.06% stake in the company.
