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After finishing at $21.18 in the prior trading day, Calumet Inc. (NASDAQ: CLMT) closed at $21.41, up 1.09%. In other words, the price has increased by $1.09 from its previous closing price. On the day, 0.57 million shares were traded. CLMT stock price reached its highest trading level at $21.68 during the session, while it also had its lowest trading level at $20.8425.
Ratios:
Our goal is to gain a better understanding of CLMT by taking a closer look at its different 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 October 17, 2024, Reiterated its Buy rating but revised its target price to $27 from $22 previously.
On August 12, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $20 to $18.
Goldman Upgraded its Neutral to Buy on August 18, 2022, whereas the target price for the stock was revised from $14 to $23.
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 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.
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 1838984064 and an Enterprise Value of 4210983936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 0.987 whereas that against EBITDA is 8.666.
Stock Price History:
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 13.34%, while the 200-Day Moving Average is calculated to be 31.22%.
Shares Statistics:
The stock has traded on average 845.65K shares per day over the past 3-months and 1013530 shares per day over the last 10 days, according to various share statistics. A total of 79.97M shares are outstanding, with a floating share count of 68.69M. Insiders hold about 20.03% of the company’s shares, while institutions hold 26.71% stake in the company. Shares short for CLMT as of 1728950400 were 5625709 with a Short Ratio of 6.65, compared to 1726185600 on 2923179. Therefore, it implies a Short% of Shares Outstanding of 5625709 and a Short% of Float of 7.870000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 14.83.