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 -16.64% away from its 52-week high, while its distance from the 52-week low is 145.70%. The stock’s price range over this period has fluctuated between $10.11 and $29.80. The company, operating within the financial sector, had a trading volume of approximately 2.3 million for the day, which was noticeably higher than the average daily share volume of 1.3 million over the last 3 months.
Sable Offshore Corp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $29.80 on 01/22/25, while the lowest price for the same period was registered at $10.11 on 04/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sable Offshore Corp (SOC) has experienced a quarterly rise of 5.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.21B 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 22.83, with a change in price of -1.05. Similarly, Sable Offshore Corp recorded 1,331,911 in trading volume during the last 100 days, posting a change of -4.06%.
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 54.91%.This indicates a increase from the raw stochastic average of the past 20 days, which was 39.66%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 21.05% and 14.79%, respectively.
SOC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 8.47%.However, over the last six months, we can see a weaker performance of 76.67%. Over the last 30 days, the price of SOC has fallen by 9.14%. And in the last five days, it has fallen by -2.28%.
