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.
After finishing at $26.05 in the prior trading day, South Bow Corp (NYSE: SOBO) closed at $24.82, down -4.72%. In other words, the price has decreased by -$4.72 from its previous closing price. On the day, 0.87 million shares were traded. SOBO stock price reached its highest trading level at $26.29 during the session, while it also had its lowest trading level at $24.53.
Ratios:
Our goal is to gain a better understanding of SOBO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 3.70 whereas as Long-Term Debt/Eq ratio is at 2.05.
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 Dec 02 ’24 when Richard Prior bought 56,546 shares for $36.00 per share.
Bevin Wirzba bought 321,899 shares of SOBO for $11,424,196 on Nov 25 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOBO now has a Market Capitalization of 5151490048.
Stock Price History:
Over the past 52 weeks, SOBO has reached a high of $27.30, while it has fallen to a 52-week low of $21.12. The 50-Day Moving Average of the stock is 1.26%, while the 200-Day Moving Average is calculated to be 1.26%.
Shares Statistics:
The stock has traded on average 845.71K shares per day over the past 3-months and 834360 shares per day over the last 10 days, according to various share statistics. A total of 207.57M shares are outstanding, with a floating share count of 207.34M. Insiders hold about 0.11% of the company’s shares, while institutions hold 8.54% stake in the company.
