Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Sable Offshore Corp’s current trading price is -1.19% away from its 52-week high, while its distance from the 52-week low is 180.22%. The stock’s price range during this period has varied between $10.11 and $28.67. The company, active in the Energy sector, saw a trading volume of around 2.2 million for the day, considerably higher average daily volume of 1.23 million observed over the last three months.
Sable Offshore Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $28.67 on 01/22/25, and the lowest price during the same period was recorded at $10.11 on 04/18/24.
How Financial Performance Impacts Market Capitalization
Sable Offshore Corp (SOC) has experienced a quarterly rise of 39.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.52B and boasts a workforce of 106 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.30, with a change in price of +12.22. Similarly, Sable Offshore Corp recorded 1,314,348 in trading volume during the last 100 days, posting a change of +77.29%.
How SOC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Sable Offshore Corp over the past 50 days is 83.91%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 79.86%. Additionally, the Stochastic %K and %D values for the company were 87.75% and 87.07%, respectively, over the past 20 days.
SOC Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 23.71%.However, over the last six months, we can see a weaker performance of 76.40%. Over the last 30 days, the price of SOC has fallen by 44.25%. And in the last five days, it has surged by 24.04%.
