Kimbell Royalty Partners LP had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $17.07 on 07/15/24, while the lowest price during the same period was $14.26 on 01/17/24.
52-week price history of KRP Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Kimbell Royalty Partners LP’s current trading price is -7.26% away from its 52-week high, while its distance from the 52-week low is 11.01%. The stock’s price range for this period has remained between $14.26 and $17.07. The Energy sector company’s shares managed to surpass a trading volume of around 0.28 million for the day, which was noticeably lower compared to the shares’ average daily volume of 0.48 million over the last three months.
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Financial Performance and Market Capitalization
Kimbell Royalty Partners LP (KRP) has experienced a quarterly decline of -0.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.51B.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.92, with a change in price of +0.08. Similarly, Kimbell Royalty Partners LP recorded 446,999 in trading volume during the last 100 days, posting a change of +0.51%.
KRP Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KRP stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.48.
KRP Stock Stochastic Average
As of today, the raw stochastic average of Kimbell Royalty Partners LP over the last 50 days is at 32.95%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 58.76%. Further, the company’s Stochastic %K and %D values for the last 20 days were 33.68% and 18.91%, respectively.
KRP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 5.18% this year. Over the last six months, there has been a stronger performance of -1.68%. The price of KRP leaped by -1.31% during the last 30 days period. For the last 5-days stocks have improved 1.34%.
