For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $2.59 in the prior trading day, Berry Corp (NASDAQ: BRY) closed at $2.39, down -7.72%. In other words, the price has decreased by -$7.72 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BRY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.74. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.79, and their Forward P/E ratio for the next fiscal year is 9.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.25.
Stock Price History:
Over the past 52 weeks, BRY has reached a high of $8.13, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -21.54%, while the 200-Day Moving Average is calculated to be -47.56%.
Shares Statistics:
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 87.14% stake in the company.
