For the readers interested in the stock health of Viper Energy Partners LP (VNOM). It is currently valued at $32.63. When the transactions were called off in the previous session, Stock hit the highs of $32.85, after setting-off with the price of $32.18. Company’s stock value dipped to $31.87 during the trading on the day. When the trading was stopped its value was $32.50.
Viper Energy Partners LP had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $36.10 on 11/08/22, with the lowest value was $21.44 for the same time period, recorded on 01/03/22.
Viper Energy Partners LP (VNOM) full year performance was 42.12%
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, Viper Energy Partners LP shares are logging -9.61% during the 52-week period from high price, and 70.04% 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 $19.19 and $36.10.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 310401 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Viper Energy Partners LP (VNOM) recorded performance in the market was 53.12%, having the revenues showcasing 0.90% 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 5.44B.
Specialists analysis on Viper Energy Partners LP (VNOM)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 30.55, with a change in the price was noted +7.43. In a similar fashion, Viper Energy Partners LP posted a movement of +29.48% for the period of last 100 days, recording 553,099 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 VNOM is recording 0.93 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.93.
Trends and Technical analysis: Viper Energy Partners LP (VNOM)
Raw Stochastic average of Viper Energy Partners LP in the period of last 50 days is set at 68.22%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 36.10%. In the last 20 days, the company’s Stochastic %K was 27.50% and its Stochastic %D was recorded 21.89%.
Now, considering the stocks previous presentation, 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 53.12%. Additionally, trading for the stock in the period of the last six months notably improved by 6.08%, alongside a boost of 42.12% for the period of the last 12 months. The shares increased approximately by -0.34% in the 7-day charts and went up by -1.15% in the period of the last 30 days. Common stock shares were driven by 0.90% during last recorded quarter.