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.
As of close of business last night, SilverBow Resources Inc’s stock clocked out at $29.17, down -5.05% from its previous closing price of $30.72. In other words, the price has decreased by -$5.05 from its previous closing price. On the day, 0.64 million shares were traded. SBOW stock price reached its highest trading level at $30.87 during the session, while it also had its lowest trading level at $29.11.
Ratios:
To gain a deeper understanding of SBOW’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.99.
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, ROTH MKM on February 12, 2024, initiated with a Buy rating and assigned the stock a target price of $41.
On February 01, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when Strategic Value Partners, LLC sold 2,530,000 shares for $26.90 per share. The transaction valued at 68,057,000 led to the insider holds 393,351 shares of the business.
DeSanctis Ellen bought 2,500 shares of SBOW for $79,025 on Nov 28 ’23. The Director now owns 2,500 shares after completing the transaction at $31.61 per share. On Nov 16 ’23, another insider, ROWLAND MARCUS C, who serves as the Director of the company, bought 5,000 shares for $31.51 each. As a result, the insider paid 157,550 and bolstered with 34,386 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, SBOW now has a Market Capitalization of 744529216 and an Enterprise Value of 1955603712. As of this moment, SilverBow’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.39, and their Forward P/E ratio for the next fiscal year is 3.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 2.998 whereas that against EBITDA is 2.87.
Stock Price History:
Over the past 52 weeks, SBOW has reached a high of $43.95, while it has fallen to a 52-week low of $21.08. The 50-Day Moving Average of the stock is -8.60%, while the 200-Day Moving Average is calculated to be -10.78%.
Shares Statistics:
It appears that SBOW traded 401.44K shares on average per day over the past three months and 333190 shares per day over the past ten days. A total of 25.43M shares are outstanding, with a floating share count of 18.97M. Insiders hold about 25.69% of the company’s shares, while institutions hold 70.87% stake in the company. Shares short for SBOW as of 1713139200 were 1633948 with a Short Ratio of 4.07, compared to 1710460800 on 1707031. Therefore, it implies a Short% of Shares Outstanding of 1633948 and a Short% of Float of 7.6899999999999995.
