In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Berry Corp (NASDAQ: BRY) closed at $2.99 up 5.28% from its previous closing price of $2.84. In other words, the price has increased by $5.28 from its previous closing price. On the day, 0.89 million shares were traded. BRY stock price reached its highest trading level at $3.01 during the session, while it also had its lowest trading level at $2.886.
Ratios:
For a deeper understanding of Berry Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.55.
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.
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 232028192 and an Enterprise Value of 626815168. As of this moment, Berry’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.43, and their Forward P/E ratio for the next fiscal year is 38.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 0.893 whereas that against EBITDA is 1.651.
Stock Price History:
The Beta on a monthly basis for BRY is 1.23, which has changed by -0.5208334 over the last 52 weeks, in comparison to a change of 0.1513431 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $6.40, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is -0.87%, while the 200-Day Moving Average is calculated to be -14.08%.
Shares Statistics:
For the past three months, BRY has traded an average of 1.03M shares per day and 803590 over the past ten days. A total of 77.60M shares are outstanding, with a floating share count of 75.23M. Insiders hold about 3.06% of the company’s shares, while institutions hold 84.11% stake in the company. Shares short for BRY as of 1753920000 were 1090422 with a Short Ratio of 1.06, compared to 1751241600 on 1114594. Therefore, it implies a Short% of Shares Outstanding of 1090422 and a Short% of Float of 1.43.
Dividends & Splits
According to the company, the forward annual dividend rate for BRY is 0.12, from 0.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04225352The stock’s 5-year Average Dividend Yield is 8.29.