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The closing price of Berry Corp (NASDAQ: BRY) was $2.45 for the day, up 0.41% from the previous closing price of $2.44. In other words, the price has increased by $0.41 from its previous closing price. On the day, 0.99 million shares were traded. BRY stock price reached its highest trading level at $2.48 during the session, while it also had its lowest trading level at $2.4.
Ratios:
Our analysis of BRY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.78. 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:
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 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 190110688 and an Enterprise Value of 609020160. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.04, and their Forward P/E ratio for the next fiscal year is 10.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 0.777 whereas that against EBITDA is 2.088.
Stock Price History:
The Beta on a monthly basis for BRY is 1.19, which has changed by -0.7196796 over the last 52 weeks, in comparison to a change of 0.07545352 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 $2.11. The 50-Day Moving Average of the stock is -25.69%, while the 200-Day Moving Average is calculated to be -47.90%.
Shares Statistics:
BRY traded an average of 978.94K shares per day over the past three months and 1034520 shares per day over the past ten days. A total of 76.94M shares are outstanding, with a floating share count of 75.22M. Insiders hold about 3.06% of the company’s shares, while institutions hold 86.20% stake in the company. Shares short for BRY as of 1743379200 were 1742957 with a Short Ratio of 1.78, compared to 1740700800 on 1469134. Therefore, it implies a Short% of Shares Outstanding of 1742957 and a Short% of Float of 2.2800000000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.35, BRY has a forward annual dividend rate of 0.35. Against a Trailing Annual Dividend Yield of 0.14344262The stock’s 5-year Average Dividend Yield is 8.29.
