Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Berry Corp (NASDAQ: BRY) closed at $3.13 in the last session, down -2.19% from day before closing price of $3.2. In other words, the price has decreased by -$2.19 from its previous closing price. On the day, 0.91 million shares were traded. BRY stock price reached its highest trading level at $3.2299 during the session, while it also had its lowest trading level at $3.11.
Ratios:
We take a closer look at BRY’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 6.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.59.
On August 14, 2023, Piper Sandler Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $9.
Jefferies Downgraded its Buy to Hold on July 17, 2023, whereas the target price for the stock was revised from $9 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 242876112 and an Enterprise Value of 628280128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.834 whereas that against EBITDA is 1.708.
Stock Price History:
The Beta on a monthly basis for BRY is 1.13, which has changed by -0.5423976 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $6.89, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 7.99%, while the 200-Day Moving Average is calculated to be -16.16%.
Shares Statistics:
According to the various share statistics, BRY traded on average about 1.09M shares per day over the past 3-months and 1090410 shares per day over the past 10 days. A total of 77.60M shares are outstanding, with a floating share count of 75.22M. Insiders hold about 3.06% of the company’s shares, while institutions hold 86.01% stake in the company. Shares short for BRY as of 1751241600 were 1114594 with a Short Ratio of 1.03, compared to 1748563200 on 2230041. Therefore, it implies a Short% of Shares Outstanding of 1114594 and a Short% of Float of 1.46.
Dividends & Splits
The forward annual dividend rate for BRY is 0.21, which was 0.26 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.08125The stock’s 5-year Average Dividend Yield is 8.27.
