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In the latest session, Calumet Inc. (NASDAQ: CLMT) closed at $18.00 down -0.17% from its previous closing price of $18.03. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 6.44 million shares were traded. CLMT stock price reached its highest trading level at $18.11 during the session, while it also had its lowest trading level at $17.18.
Ratios:
For a deeper understanding of Calumet Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.65.
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 August 12, 2024, Reiterated its Buy rating but revised its target price to $18 from $20 previously.
On August 18, 2022, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $14 to $23.
Cowen reiterated its Outperform rating for the stock on February 28, 2022, while the target price for the stock was revised from $23 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 15 ’24 when Morical Gregory J sold 11,111 shares for $15.04 per share. The transaction valued at 167,109 led to the insider holds 33,845 shares of the business.
Mawer Stephen P sold 15,037 shares of CLMT for $268,711 on Jan 18 ’24. The Director now owns 172,610 shares after completing the transaction at $17.87 per share. On Oct 19 ’23, another insider, Willman Ryan, who serves as the Chief Accounting Officer of the company, sold 1,000 shares for $19.00 each. As a result, the insider received 19,000 and left with 7,361 shares of the company.
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 1546086528 and an Enterprise Value of 3918086400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36. Its current Enterprise Value per Revenue stands at 0.919 whereas that against EBITDA is 10.185.
Stock Price History:
Over the past 52 weeks, CLMT has reached a high of $21.19, while it has fallen to a 52-week low of $9.97. The 50-Day Moving Average of the stock is 14.04%, while the 200-Day Moving Average is calculated to be 12.69%.
Shares Statistics:
For the past three months, CLMT has traded an average of 600.78K shares per day and 1577740 over the past ten days. A total of 79.97M shares are outstanding, with a floating share count of 68.69M. Insiders hold about 20.09% of the company’s shares, while institutions hold 27.30% stake in the company. Shares short for CLMT as of 1724976000 were 2353413 with a Short Ratio of 3.92, compared to 1722384000 on 1623432. Therefore, it implies a Short% of Shares Outstanding of 2353413 and a Short% of Float of 3.2899998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 14.83.
