Technicals Say Southwestern Energy Company (SWN) Is Worth Holding

As of Thursday close, Southwestern Energy Company’s (NYSE:SWN) stock was down -$0.33, moving down -4.81 percent to $6.53. The average number of shares traded per day over the past five days has been 48,531,641 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.23 fall in that time frame. In the last twenty days, the average volume was 44,298,336, while in the previous 50 days, it was 35,902,242.

Since last month, SWN stock retreated -14.97%. Shares of the company fell to $6.31 on 06/23/22, the lowest level in the past month. A 52-week high of $9.87 was reached on 06/08/22 after having rallying from a 52-week low of $3.81. Since the beginning of this year, SWN’s stock price has risen by 40.13% or $1.87, and marked a new high 23 times. However, the stock has declined by -33.84% since its 52-week high.


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Financial Health

In the three months ended March 30, Southwestern Energy Company’s quick ratio stood at 0.20, while its current ratio was 0.20, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 71.20% percent. In the year ended March 30, operating margins totaled 41.40%. Based on annual data, SWN earned $2.63 billion in gross profit and brought in $6.67 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 32.00%. Return on equity (ROE) for the past 12 months was -523.50%.

In Southwestern Energy Company’s quarter-end financial report for March 30, it reported total debt of $4.89 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SWN’s revenue rose 63.57% to $2.95 billion during the quarter, while net income inched up to $2.94 billion. While analysts expected Southwestern Energy Company to report $0.38 quarterly earnings, the actual figure was $0.4 per share, beating the consensus estimate by 5.30%. During the quarter, the company generated $1.58 billion in EBITDA. The liabilities of Southwestern Energy Company were 11.97 billion at the end of its most recent quarter ended March 30, and its total debt was $5.08 billion. The value of shareholders’ equity is $1.12 billion.

Technical Picture

This quick technical analysis looks at Southwestern Energy Company’s (SWN) price momentum. With a historical volatility rate of 57.54%, the RSI 9-day stood at 25.26% on 23 June.

With respect to its five-day moving average, the current Southwestern Energy Company price is down by -15.85% percent or -$1.23. At present, SWN shares trade -14.53% below its 20-day simple moving average and +51.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately -17.76% below its SMA50 and +29.05% above its SMA200.

Stochastic coefficient K was 10.11% and Stochastic coefficient D was 9.58%, while ATR was 0.60. Given the Stochastic reading of 6.18% for the 14-day period, the RSI (14) reading has been calculated as 33.39%. As of today, the MACD Oscillator reading stands at -0.73, while the 14-day reading stands at -1.40.

With a median target price of $10.00, the current consensus forecast for the stock is $8.00 – $20.00. Based on these forecasts, analysts predict Southwestern Energy Company (SWN) will achieve an average price target of $11.08.

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