At the last check on Friday, Genie Energy Ltd.’s (NYSE:GNE) stock was up $0.1, moving up 1.49 percent to $6.82. The average number of shares traded per day over the past five days has been 177,905 shares. 3 times new highs have been achieved over the past 5 days, with a $0.47 gain in that time frame. In the last twenty days, the average volume was 71,356, while in the previous 50 days, it was 45,137.
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Since last month, GNE stock rose 0.45%. Shares of the company fell to $6.10 on 05/09/22, the lowest level in the past month. A 52-week high of $7.22 was reached on 04/21/22 after having rallying from a 52-week low of $4.74. Since the beginning of this year, GNE’s stock price has risen by 20.65% or $1.25, and marked a new high 11 times. However, the stock has declined by -5.49% since its 52-week high.
Right now, Genie Energy Ltd. (GNE) has a P/E ratio of about 7.92. The stock’s beta is 0.42. Besides these, the trailing price-to-sales (P/S) ratio of 0.49, the price-to-book (PB) ratio of 1.68, and the price-to-cash flow ratio of 2.74 may also be considered.
The latest dividend of $0.0750 per share was paid out, which is -11.56% less than last year’s $0.0848. On Monday May 9 2022, a $0.0098 dividend decrease was announced.
In the three months ended December 30, Genie Energy Ltd.’s quick ratio stood at 1.60, while its current ratio was 1.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 28.80% percent. In the year ended December 30, operating margins totaled 9.10%. Based on annual data, GNE earned $33.09 million in gross profit and brought in $363.73 million in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GNE’s revenue fell -37.36% to $17.51 million during the quarter, while net income inched up to $98.53 million. While analysts expected Genie Energy Ltd. to report $0.18 quarterly earnings, the actual figure was $0 per share. During the quarter, the company generated $24.72 million in EBITDA. The liabilities of Genie Energy Ltd. were 93.89 million at the end of its most recent quarter ended December 30, and its total debt was $1.72 million. The value of shareholders’ equity is $26.2 million.
This quick technical analysis looks at Genie Energy Ltd.’s (GNE) price momentum. With a historical volatility rate of 28.25%, the RSI 9-day stood at 64.10% on 12 May.
With respect to its five-day moving average, the current Genie Energy Ltd. price is up by +7.40% percent or $0.47. At present, GNE shares trade +4.60% above its 20-day simple moving average and +22.00% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.91% above its SMA50 and +15.01% above its SMA200.
Stochastic coefficient K was 66.01% and Stochastic coefficient D was 44.77%, while ATR was 0.25. Given the Stochastic reading of 83.72% for the 14-day period, the RSI (14) reading has been calculated as 58.93%. As of today, the MACD Oscillator reading stands at 0.19, while the 14-day reading stands at 0.17.