Stock Performance Spotlight: Battalion Oil Corp (BATL) Ends the Day at 1.74, Down by -1.14

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As of close of business last night, Battalion Oil Corp’s stock clocked out at $1.74, down -1.14% from its previous closing price of $1.76. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 81997.0 shares were traded. BATL stock price reached its highest trading level at $1.77 during the session, while it also had its lowest trading level at $1.62.

Ratios:

To gain a deeper understanding of BATL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 8.93 whereas as Long-Term Debt/Eq ratio is at 7.48.

On August 29, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $28.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BATL now has a Market Capitalization of 28634484 and an Enterprise Value of 311076416. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.625 whereas that against EBITDA is 3.02.

Stock Price History:

The Beta on a monthly basis for BATL is 1.10, which has changed by -0.8189386 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, BATL has reached a high of $9.66, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is -55.28%, while the 200-Day Moving Average is calculated to be -62.19%.

Shares Statistics:

It appears that BATL traded 123.70K shares on average per day over the past three months and 179700 shares per day over the past ten days. A total of 16.46M shares are outstanding, with a floating share count of 13.97M. Insiders hold about 15.13% of the company’s shares, while institutions hold 67.17% stake in the company. Shares short for BATL as of 1734048000 were 335889 with a Short Ratio of 2.72, compared to 1731628800 on 369690. Therefore, it implies a Short% of Shares Outstanding of 335889 and a Short% of Float of 9.4799995.

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