For the readers interested in the stock health of Ranger Oil Corporation (ROCC). It is currently valued at $43.10. When the transactions were called off in the previous session, Stock hit the highs of $43.80, after setting-off with the price of $41.08. Company’s stock value dipped to $41.0601 during the trading on the day. When the trading was stopped its value was $40.53.Recently in News on November 2, 2022, Ranger Oil Corporation Reports Third Quarter Results. Exceeded high-end of sales volumes guidance with D&C capital expenditures within guidanceClosed additional bolt-on acquisitions and updated share repurchase progressDeclares dividend of $0.075/shareIncreased full-year 2022 sales volumes outlook and updated D&C capital expenditure guidance. You can read further details here
Ranger Oil Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $53.59 on 06/08/22, with the lowest value was $26.99 for the same time period, recorded on 01/03/22.
Ranger Oil Corporation (ROCC) full year performance was 68.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ranger Oil Corporation shares are logging -19.57% during the 52-week period from high price, and 83.40% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $23.50 and $53.59.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 527567 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Ranger Oil Corporation (ROCC) recorded performance in the market was 60.10%, having the revenues showcasing 6.00% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.76B, as it employees total of 136 workers.
The Analysts eye on Ranger Oil Corporation (ROCC)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 36.83, with a change in the price was noted +10.70. In a similar fashion, Ranger Oil Corporation posted a movement of +33.02% for the period of last 100 days, recording 433,979 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ROCC is recording 1.35 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.35.
Technical rundown of Ranger Oil Corporation (ROCC)
Raw Stochastic average of Ranger Oil Corporation in the period of last 50 days is set at 85.48%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.51%. In the last 20 days, the company’s Stochastic %K was 59.90% and its Stochastic %D was recorded 62.79%.
Considering, the past performance of Ranger Oil Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 60.10%. Additionally, trading for the stock in the period of the last six months notably improved by 20.42%, alongside a boost of 68.49% for the period of the last 12 months. The shares increased approximately by -1.26% in the 7-day charts and went down by 7.35% in the period of the last 30 days. Common stock shares were driven by 6.00% during last recorded quarter.