Diamondback Energy (FANG):
Diamondback Energy (FANG) stock finished at $106.28 and recorded change of 6.37% in Friday trading session. The Company kept 160.19M Floating Shares and holds 160.19M shares outstanding. The recent trading activity revealed that the stock price is at 24.76% off from its 52-week low and traded with move of -24.51% from high printed in the last 52-week period.
The current ratio of 0.9 is mainly used to give an idea of a company’s ability to pay back its liabilities (debt and accounts payable) with its assets (cash, marketable securities, inventory, accounts receivable). As such, current ratio can be used to make a rough estimate of a company’s financial health. The quick ratio of 0.9 is a measure of how well a company can meet its short-term financial liabilities with quick assets (cash and cash equivalents, short-term marketable securities, and accounts receivable). The higher the ratio, the more financially secure a company is in the short term. A common rule of thumb is that companies with a quick ratio of greater than 1.0 are sufficiently able to meet their short-term liabilities.
The long term debt/equity shows a value of 0.33 with a total debt/equity of 0.33. It gives the investors the idea on the company’s financial leverage, measured by apportioning total liabilities by its stockholders equity. It also illustrates how much debt the corporation is using to finance its assets in relation to the value represented in shareholders’ equity.
Shares price moved with -1.81% from its 50 Day high and distanced at 14.44% from 50 Day low. Analyses consensus rating score stands at 1.6. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $149.61.
As took short look on profitability, the firm profit margin which was recorded 38.90%, and operating margin was noted at 46.40%. The company maintained a Gross Margin of 80.00%. The Insiders ownership is 0.20%. Company has kept return on investment (ROI) at 4.60% over the previous 12 months and has been able to maintain return on asset (ROA) at 7.00% for the last twelve months. Return on equity (ROE) recorded at 11.00%.
Diamondback Energy (FANG) stock recent traded volume stands with 3799758 shares as compared with its average volume of 1759.32K shares. The relative volume observed at 2.16.
Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction. That is, if a security is continuing higher in an uptrend, the volume of the security should also increase and vice versa. Trading volume can also signal when an investor should take profits and sell a security due to low activity. If there is no relationship between the trading volume and the price of a security, this signals weakness in the current trend and a possible reversal.
The company’s earnings per share shows growth of 43.10% for the current year and expected to arrive earnings growth for the next year at 62.48% . Analyst projected EPS growth for the next 5 years at29.62%. The company’s EPS growth rate for past five years was 44.20%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. The stock observed Sales growth of 59.90% during past 5 years. EPS growth quarter over quarter stands at 37.00% and Sales growth quarter over quarter is at 58.30%.
Moving averages are among the most popular and widely used indicators. They represent a method of smoothing price data and removing noise to reveal and measure a trend. Moving averages are the basis of many technical trend-following systems. Being a trend following, lagging indicator, as the moving average always lags price action, they are used in order to confirm trends, once the latter have begun. Comparison between moving averages of different time periods can also show market momentum.
Diamondback Energy (FANG) stock moved higher 3.59% in contrast to its 20 day moving average displaying short-term positive movement of stock. It shifted 3.89% above its 50-day simple moving average. This is showing medium-term bullish trend based on SMA 50. The stock price went underground -6.64% from its 200-day simple moving average identifying long-term declining trend.
Michelle Willette – Category – Hot Stocks
Michelle Willette is a relatively new investor, only investing for the last 5 years. She believes though, that it’s not the amount of time in the market that determines a good investor, but rather how dedicated they are to actively improving their knowledge.
She has immersed himself in the world of investing, and prides himself on avoiding hype from latest trends and news. She has more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. She also has a vast knowledge of stock trading. Michelle earned bachelor degree from Union College with a focus in Business Administration. She is the Senior Editor and covers Hot Stocks. She also holds an MBA from Penn State University and she has two daughter and one son.