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In the latest session, Core Laboratories Inc (NYSE: CLB) closed at $17.08 down -0.99% from its previous closing price of $17.25. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 0.59 million shares were traded. CLB stock price reached its highest trading level at $17.38 during the session, while it also had its lowest trading level at $16.96.
Ratios:
For a deeper understanding of Core Laboratories Inc’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 45.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 the company, Citigroup on June 30, 2023, Downgraded its rating to Sell and sets its target price to $21 from $22 previously.
On April 18, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $21.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLB now has a Market Capitalization of 801274048 and an Enterprise Value of 990280576. As of this moment, Core’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.10, and their Forward P/E ratio for the next fiscal year is 15.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 3.33. Its current Enterprise Value per Revenue stands at 1.927 whereas that against EBITDA is 13.986.
Stock Price History:
Over the past 52 weeks, CLB has reached a high of $25.13, while it has fallen to a 52-week low of $13.82. The 50-Day Moving Average of the stock is -7.86%, while the 200-Day Moving Average is calculated to be -4.93%.
Shares Statistics:
For the past three months, CLB has traded an average of 394.08K shares per day and 350510 over the past ten days. A total of 46.86M shares are outstanding, with a floating share count of 46.48M. Insiders hold about 0.93% of the company’s shares, while institutions hold 110.49% stake in the company. Shares short for CLB as of 1727654400 were 6862246 with a Short Ratio of 17.41, compared to 1724976000 on 7455919. Therefore, it implies a Short% of Shares Outstanding of 6862246 and a Short% of Float of 28.33.
Dividends & Splits
According to the company, the forward annual dividend rate for CLB is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0023188405The stock’s 5-year Average Dividend Yield is 1.59.
