Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Sable Offshore Corp’s current trading price is -25.18% away from its 52-week high, while its distance from the 52-week low is 112.17%. The stock’s price range over this period has fluctuated between $10.11 and $28.67. The company, operating within the financial sector, had a trading volume of approximately 1.27 million for the day, which was noticeably lower than the average daily share volume of 1.31 million over the last 3 months.
Sable Offshore Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $28.67 on 09/19/24 and the lowest value was $10.11 on 04/18/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sable Offshore Corp (SOC) has experienced a quarterly decline of -8.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.88B and boasts a workforce of 106 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.98, with a change in price of +5.87. Similarly, Sable Offshore Corp recorded 976,883 in trading volume during the last 100 days, posting a change of +37.68%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SOC stands at 4.86. Similarly, the long-term debt-to-equity ratio is also 4.86.
SOC Stock Stochastic Average
Today’s raw stochastic average for Sable Offshore Corp over the last 50 days is 37.51%.This indicates a increase from the raw stochastic average of the past 20 days, which was 20.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 54.41% and 69.07%, respectively.
SOC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 88.32% this year. Over the last six months, there has been a weaker performance of 48.24%. The price of SOC leaped by -4.07% during the last 30 days period. For the last 5-days stocks have slided -10.92%.
