Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Calumet Inc (NASDAQ: CLMT) closed at $16.23 down -2.70% from its previous closing price of $16.68. In other words, the price has decreased by -$2.70 from its previous closing price. On the day, 0.76 million shares were traded. CLMT stock price reached its highest trading level at $16.72 during the session, while it also had its lowest trading level at $16.0309.
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 0.30 and its Current Ratio is at 0.63.
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 November 11, 2024, Reiterated its Buy rating but revised its target price to $26 from $27 previously.
On October 17, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $22 to $27.
TD Cowen reiterated its Buy rating for the stock on August 12, 2024, while the target price for the stock was revised from $20 to $18.
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 Dec 18 ’24 when Straumins Jennifer sold 37,861 shares for $21.42 per share. The transaction valued at 810,983 led to the insider holds 1,184,589 shares of the business.
Straumins Jennifer bought 50,000 shares of CLMT for $1,075,000 on Dec 18 ’24. On Dec 04 ’24, another insider, Sajkowski Daniel J, who serves as the Director of the company, sold 3,569 shares for $21.12 each. As a result, the insider received 75,377 and left with 161,959 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 1394976512 and an Enterprise Value of 3747980544. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33. Its current Enterprise Value per Revenue stands at 0.889 whereas that against EBITDA is 16.281.
Stock Price History:
The Beta on a monthly basis for CLMT is 1.86, which has changed by 0.067861676 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, CLMT has reached a high of $25.29, while it has fallen to a 52-week low of $9.97. The 50-Day Moving Average of the stock is -21.59%, while the 200-Day Moving Average is calculated to be -9.03%.
Shares Statistics:
For the past three months, CLMT has traded an average of 890.94K shares per day and 1793840 over the past ten days. A total of 85.90M shares are outstanding, with a floating share count of 68.92M. Insiders hold about 19.82% of the company’s shares, while institutions hold 36.55% stake in the company. Shares short for CLMT as of 1735603200 were 6028163 with a Short Ratio of 6.77, compared to 1732838400 on 5369836. Therefore, it implies a Short% of Shares Outstanding of 6028163 and a Short% of Float of 8.430000399999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 14.83.
