For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Berry Corp’s stock clocked out at $2.98, down -6.58% from its previous closing price of $3.19. In other words, the price has decreased by -$6.58 from its previous closing price. On the day, 1.06 million shares were traded. BRY stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $2.9635.
Ratios:
To gain a deeper understanding of BRY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.59.
On July 17, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $8.
On October 19, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.Jefferies initiated its Buy rating on October 19, 2022, with a $10 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Araujo Fernando sold 33,950 shares for $6.22 per share. The transaction valued at 211,040 led to the insider holds 253,045 shares of the business.
FERNANDO G. ARAUJO bought 33,950 shares of BRY for $211,040 on Aug 23 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRY now has a Market Capitalization of 231236672 and an Enterprise Value of 616640704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.818 whereas that against EBITDA is 1.677.
Stock Price History:
The Beta on a monthly basis for BRY is 1.18, which has changed by -0.58028173 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $7.28, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 3.33%, while the 200-Day Moving Average is calculated to be -32.59%.
Shares Statistics:
It appears that BRY traded 1.02M shares on average per day over the past three months and 936780 shares per day over the past ten days. A total of 77.60M shares are outstanding, with a floating share count of 75.22M. Insiders hold about 3.06% of the company’s shares, while institutions hold 84.77% stake in the company. Shares short for BRY as of 1745971200 were 2603462 with a Short Ratio of 2.54, compared to 1743379200 on 1742957. Therefore, it implies a Short% of Shares Outstanding of 2603462 and a Short% of Float of 3.4099999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.26, BRY has a forward annual dividend rate of 0.35. Against a Trailing Annual Dividend Yield of 0.081504695The stock’s 5-year Average Dividend Yield is 8.29.
