Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Calumet Inc (NASDAQ: CLMT) was $22.51 for the day, down -0.13% from the previous closing price of $22.54. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.65 million shares were traded. CLMT stock price reached its highest trading level at $22.81 during the session, while it also had its lowest trading level at $21.8347.
Ratios:
Our analysis of CLMT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.63.
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, TD Cowen on November 11, 2024, Reiterated its Buy rating but revised its target price to $26 from $27 previously.
On October 17, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $22 to $27.
TD Cowen reiterated its Buy rating for the stock on August 12, 2024, while the target price for the stock was revised from $20 to $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 12 ’24 when Straumins Jennifer sold 100,000 shares for $20.59 per share. The transaction valued at 2,059,000 led to the insider holds 1,388,529 shares of the business.
Straumins Jennifer sold 100,000 shares of CLMT for $2,005,000 on Nov 13 ’24. The Director now owns 1,288,529 shares after completing the transaction at $20.05 per share. On Nov 12 ’24, another insider, Straumins Jennifer, who serves as the Director of the company, bought 200,000 shares for $20.32 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLMT now has a Market Capitalization of 1933701248 and an Enterprise Value of 4248801280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 1.008 whereas that against EBITDA is 18.457.
Stock Price History:
Over the past 52 weeks, CLMT has reached a high of $25.29, while it has fallen to a 52-week low of $9.97. The 50-Day Moving Average of the stock is 9.89%, while the 200-Day Moving Average is calculated to be 33.13%.
Shares Statistics:
CLMT traded an average of 843.57K shares per day over the past three months and 590960 shares per day over the past ten days. A total of 85.90M shares are outstanding, with a floating share count of 68.94M. Insiders hold about 19.74% of the company’s shares, while institutions hold 36.56% stake in the company. Shares short for CLMT as of 1731628800 were 5150508 with a Short Ratio of 6.11, compared to 1728950400 on 5625709. Therefore, it implies a Short% of Shares Outstanding of 5150508 and a Short% of Float of 7.199999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 14.83.
