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.
Berry Corp (NASDAQ: BRY) closed the day trading at $2.84 down -1.05% from the previous closing price of $2.87. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 1.76 million shares were traded. BRY stock price reached its highest trading level at $2.88 during the session, while it also had its lowest trading level at $2.76.
Ratios:
For a better understanding of BRY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.59.
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.
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 Aug 23 ’24 when Araujo Fernando sold 33,950 shares for $6.22 per share. The transaction valued at 211,040 led to the insider holds 253,045 shares of the business.
FERNANDO G. ARAUJO bought 33,950 shares of BRY for $211,040 on Aug 23 ’24.
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 220373200 and an Enterprise Value of 605777216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 0.804 whereas that against EBITDA is 1.647.
Stock Price History:
The Beta on a monthly basis for BRY is 1.09, which has changed by -0.5596899 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, BRY has reached a high of $6.96, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 5.84%, while the 200-Day Moving Average is calculated to be -27.72%.
Shares Statistics:
Over the past 3-months, BRY traded about 1.15M shares per day on average, while over the past 10 days, BRY traded about 1809240 shares per day. A total of 77.60M shares are outstanding, with a floating share count of 75.22M. Insiders hold about 3.06% of the company’s shares, while institutions hold 86.14% stake in the company. Shares short for BRY as of 1749772800 were 2584335 with a Short Ratio of 2.25, compared to 1747267200 on 2152510. Therefore, it implies a Short% of Shares Outstanding of 2584335 and a Short% of Float of 3.39.
Dividends & Splits
BRY’s forward annual dividend rate is 0.21, up from 0.26 a year ago. Against a Trailing Annual Dividend Yield of 0.09059233The stock’s 5-year Average Dividend Yield is 8.28.
