Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Berry Corp (NASDAQ: BRY) closed at $3.08 down -3.45% from its previous closing price of $3.19. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 0.93 million shares were traded. BRY stock price reached its highest trading level at $3.22 during the session, while it also had its lowest trading level at $3.07.
Ratios:
For a deeper understanding of Berry Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.53.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 237825280 and an Enterprise Value of 666160000. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.62, and their Forward P/E ratio for the next fiscal year is 10.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 0.85 whereas that against EBITDA is 2.283.
Stock Price History:
The Beta on a monthly basis for BRY is 1.11, which has changed by -0.6435185 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $8.80, while it has fallen to a 52-week low of $3.06. The 50-Day Moving Average of the stock is -21.48%, while the 200-Day Moving Average is calculated to be -38.34%.
Shares Statistics:
For the past three months, BRY has traded an average of 959.82K shares per day and 926150 over the past ten days. A total of 76.94M shares are outstanding, with a floating share count of 74.99M. Insiders hold about 2.88% of the company’s shares, while institutions hold 86.49% stake in the company. Shares short for BRY as of 1741910400 were 1775944 with a Short Ratio of 1.85, compared to 1739491200 on 1244648. Therefore, it implies a Short% of Shares Outstanding of 1775944 and a Short% of Float of 2.5999999.
Dividends & Splits
According to the company, the forward annual dividend rate for BRY is 0.35, from 0.35 in the trailing year. Against a Trailing Annual Dividend Yield of 0.10971786The stock’s 5-year Average Dividend Yield is 8.29.
