As of Wednesday close, Liberty Energy Inc.’s (NYSE:LBRT) stock was down -$0.96, moving down -6.97 percent to $12.81. The average number of shares traded per day over the past five days has been 4,638,220 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.32 fall in that time frame. In the last twenty days, the average volume was 3,375,610, while in the previous 50 days, it was 2,996,926.
Since last month, LBRT stock retreated -14.08%. Shares of the company fell to $12.34 on 06/22/22, the lowest level in the past month. A 52-week high of $20.05 was reached on 04/21/22 after having rallying from a 52-week low of $8.50. Since the beginning of this year, LBRT’s stock price has risen by 32.06% or $3.11, and marked a new high 19 times. However, the stock has declined by -36.11% since its 52-week high.
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Liberty Energy Inc. (LBRT) last reported insider trading activity 8 days ago on Jun 15. Gosney Ryan T, the Chief Accounting Officer of the company, disposed of 2,000 shares for $15.19 on Jun 15. It resulted in a $30,374 divestment by the insider. Wright Christopher A sold 1,500 shares at an average price of $18.90 on Jun 08. The insider now owns 3,428,115 shares following the transaction. On Jun 08, 10% Owner SCHLUMBERGER LIMITED/NV sold 12,032,500 shares at $17.00 apiece. The transaction was valued at $204,552,500.
The stock’s beta is 2.25. Besides these, the trailing price-to-sales (P/S) ratio of 0.94, the price-to-book (PB) ratio of 1.91.
The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05.
In the three months ended March 30, Liberty Energy Inc.’s quick ratio stood at 1.00, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.17, and the total debt-to-equity ratio was 0.18. On the profitability front, the trailing twelve-month gross margin is 10.70% percent. In the year ended March 30, operating margins totaled -4.40%. Based on annual data, LBRT earned $220.86 million in gross profit and brought in $2.47 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -12.70%. Return on equity (ROE) for the past 12 months was -12.40%.
In Liberty Energy Inc.’s quarter-end financial report for March 30, it reported total debt of $211.19 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LBRT’s revenue rose 30.37% to $683.74 million during the quarter, while net income inched up to $792.77 million. While analysts expected Liberty Energy Inc. to report -$0.16 quarterly earnings, the actual figure was $0.03 per share, beating the consensus estimate by 118.80%. During the quarter, the company generated $78.76 million in EBITDA. The liabilities of Liberty Energy Inc. were 957.21 million at the end of its most recent quarter ended March 30, and its total debt was $332.58 million. The value of shareholders’ equity is $187.18 million.
This quick technical analysis looks at Liberty Energy Inc.’s (LBRT) price momentum. With a historical volatility rate of 39.70%, the RSI 9-day stood at 23.67% on 22 June.
With respect to its five-day moving average, the current Liberty Energy Inc. price is down by -15.33% percent or -$2.32. At present, LBRT shares trade -20.09% below its 20-day simple moving average and +3.47% percent above its 100-day simple moving average. However, the stock is currently trading approximately -19.08% below its SMA50 and +23.41% above its SMA200.
Stochastic coefficient K was 6.25% and Stochastic coefficient D was 4.74%, while ATR was 1.11. Given the Stochastic reading of 6.98% for the 14-day period, the RSI (14) reading has been calculated as 30.58%. As of today, the MACD Oscillator reading stands at -1.55, while the 14-day reading stands at -2.72.
Liberty Energy Inc. downgraded its rating on Liberty Energy Inc. (NYSE: LBRT) to an Equal weight in a note to investors on March 31, 2022. The analysts firm previously had an Overweight rating on the stock.Liberty Energy Inc. (LBRT) has been rated Overweight by analysts. According to 0 brokerage firms, LBRT is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Liberty Energy Inc. stock as buy, with 5 recommending it as overweight.
With a median target price of $20.50, the current consensus forecast for the stock is $15.00 – $23.00. Based on these forecasts, analysts predict Liberty Energy Inc. (LBRT) will achieve an average price target of $20.23.