SandRidge Energy Inc. (NYSE:SD) currently has a daily average trading volume of 509.80K but it saw 1436718 shares traded on Thursday. With a market cap of 519.52M USD, stock’s current market price of $13.60 came rising about 4.13 while comparing to the previous closing price of $13.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $29.28 and as low as $12.62. In the recent trading on the day, stock has struck highest price mark of $14.095 while lowest mark touched by it was $13.20.
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Taking a look at 20-day trading activity of SandRidge Energy Inc. (SD) gives us an average price of $14.38, while its current price level is -53.55% below from 52-week high level whereas it is 7.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.51 while that of 200 days or SMA-200 reads an average of $18.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.78% during that period while stretching the period over a month that decreases to 4.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.75 which implies that the stock is in neutral territory.
The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $6.62 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $6.62. Average price target assigned by them is $6.62 which highlights a downside potential of -105.44% for the stock over that period. And to attain the median price target of $6.62 assigned by those analysts, stock has to subtract about -105.44% of value to its current levels.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Seaport Global Securities which downgraded the stock as “Neutral” in its note to investors issued on June 21, 2017, recommending a price target of between $25 and $17 for it.
Over the week, SD’s stock price is moving -4.90% down while it is -13.71% when we observe its performance for the past one month. Year-to-date it is -20.14% down and over the past year, the stock is showing an upside performance of 0.67%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2020, when its quarterly earnings per share (EPS) of $0.15 beat the consensus estimate of -$0.41 for the same. The company is expected to be releasing its next quarterly report in 05/09/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, SandRidge Energy Inc.’s total number of outstanding shares is 36.80M with 1.24% of that held by the insiders while 68.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 46.50% and return on equity (ROE) at 56.20%. It has a price to earnings ratio (P/E ratio) of 2.91. Stock’s beta reads 2.37. Stock has a price to book (P/B) ratio of 1.31 while price to sale or P/S ratio amounts to 2.06. Its return on asset (ROA) is 41.10% on average.
In the most recent quarter, Vanguard Extended Market Index Fu came cutting its stake by -2.98% in the company and now holds 0.41 million or 1.12% of the company’s stake having worth of about 6.03 million.
