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The price of KNOT Offshore Partners LP (NYSE: KNOP) closed at $6.86 in the last session, up 2.39% from day before closing price of $6.7. In other words, the price has increased by $2.39 from its previous closing price. On the day, 0.12 million shares were traded. KNOP stock price reached its highest trading level at $6.96 during the session, while it also had its lowest trading level at $6.65.
Ratios:
We take a closer look at KNOP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.15.
Alliance Global Partners Downgraded its Buy to Sell on January 12, 2023, while the target price for the stock was maintained at $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KNOP now has a Market Capitalization of 239673312 and an Enterprise Value of 1184117632. As of this moment, KNOT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.56, and their Forward P/E ratio for the next fiscal year is 6.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 3.7 whereas that against EBITDA is 6.503.
Stock Price History:
The Beta on a monthly basis for KNOP is -0.11, which has changed by -0.14782608 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, KNOP has reached a high of $8.53, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is 5.24%, while the 200-Day Moving Average is calculated to be 11.38%.
Shares Statistics:
According to the various share statistics, KNOP traded on average about 68.10K shares per day over the past 3-months and 66450 shares per day over the past 10 days. A total of 34.05M shares are outstanding, with a floating share count of 24.13M. Insiders hold about 29.65% of the company’s shares, while institutions hold 21.81% stake in the company. Shares short for KNOP as of 1749772800 were 197564 with a Short Ratio of 2.90, compared to 1747267200 on 188447. Therefore, it implies a Short% of Shares Outstanding of 197564 and a Short% of Float of 0.8099999999999999.
Dividends & Splits
The forward annual dividend rate for KNOP is 0.10, which was 0.104 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.015522389The stock’s 5-year Average Dividend Yield is 10.37.
