Schlumberger Limited (NYSE:SLB) went up by 2.11% from its latest closing price compared to the recent 1-year high of $34.71. The company’s stock price has collected -0.95% of loss in the last five trading sessions. MarketWatch.com reported on 02/19/21 that Schlumberger Ltd. stock outperforms competitors on strong trading day
Is It Worth Investing in Schlumberger Limited (NYSE :SLB) Right Now?
Plus, the 36-month beta value for SLB is at 2.41. Opinions of the stock are interesting as 18 analysts out of 27 who provided ratings for Schlumberger Limited declared the stock was a “buy,” while 2 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $28.71, which is $2.0 above the current price. SLB currently public float of 1.39B and currently shorts hold a 1.50% ratio of that float. Today, the average trading volume of SLB was 12.87M shares.
SLB’s Market Performance
SLB stocks went down by -0.95% for the week, with a monthly jump of 3.04% and a quarterly performance of 30.01%, while its annual performance rate touched -22.79%. The volatility ratio for the week stands at 3.43% while the volatility levels for the past 30 days are set at 4.27% for Schlumberger Limited. The simple moving average for the period of the last 20 days is 6.30% for SLB stocks with a simple moving average of 32.88% for the last 200 days.
Analysts’ Opinion of SLB
Many brokerage firms have already submitted their reports for SLB stocks, with BofA Securities repeating the rating for SLB by listing it as a “Buy.” The predicted price for SLB in the upcoming period, according to BofA Securities is $31 based on the research report published on January 25th of the current year 2021.
Cowen gave a rating of “Outperform” to SLB, setting the target price at $32 in the report published on October 19th of the previous year.
SLB Trading at 9.64% from the 50-Day Moving Average
After a stumble in the market that brought SLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.74% of loss for the given period.
Volatility was left at 4.27%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares surge +7.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.41% upper at present.
During the last 5 trading sessions, SLB fell by -0.95%, which changed the moving average for the period of 200-days by +60.74% in comparison to the 20-day moving average, which settled at $24.67. In addition, Schlumberger Limited saw 19.65% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SLB starting from Guild Howard, who sale 10,000 shares at the price of $24.96 back on Feb 05. After this action, Guild Howard now owns 44,463 shares of Schlumberger Limited, valued at $249,550 using the latest closing price.
Jaramillo Claudia, the VP, Treasurer of Schlumberger Limited, sale 4,061 shares at $23.11 during a trade that took place back on Dec 07, which means that Jaramillo Claudia is holding 15,614 shares at $93,861 based on the most recent closing price.
Stock Fundamentals for SLB
Current profitability levels for the company are sitting at:
- +5.07 for the present operating margin
- +9.08 for the gross margin
The net margin for Schlumberger Limited stands at -44.57. The total capital return value is set at 3.36, while invested capital returns managed to touch -30.79. Equity return is now at value -81.50, with -23.40 for asset returns.
Based on Schlumberger Limited (SLB), the company’s capital structure generated 148.26 points at debt to equity in total, while total debt to capital is 59.72. Total debt to assets is 42.18, with long-term debt to equity ratio resting at 139.17. Finally, the long-term debt to capital ratio is 56.06.
When we switch over and look at the enterprise to sales, we see a ratio of 1.93, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 3.50 and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.