TransGlobe Energy Corporation (NASDAQ:TGA) went down by -5.75% from its latest closing price compared to the recent 1-year high of $5.12. The company’s stock price has collected -15.47% of loss in the last five trading sessions.
Is It Worth Investing in TransGlobe Energy Corporation (NASDAQ :TGA) Right Now?
TransGlobe Energy Corporation (NASDAQ:TGA) scored a price-to-earnings ratio above its average ratio, recording 6.82 x from its present earnings ratio. Plus, the 36-month beta value for TGA is at 2.30. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for TransGlobe Energy Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.09. TGA currently public float of 66.24M and currently shorts hold a 0.11% ratio of that float. Today, the average trading volume of TGA was 875.23K shares.
TGA’s Market Performance
TGA stocks went down by -15.47% for the week, with a monthly drop of -6.45% and a quarterly performance of 15.29%, while its annual performance rate touched 153.02%. The volatility ratio for the week stands at 7.66% while the volatility levels for the past 30 days are set at 7.47% for TransGlobe Energy Corporation. The simple moving average for the period of the last 20 days is -14.89% for TGA stocks with a simple moving average of 26.83% for the last 200 days.
Analysts’ Opinion of TGA
RBC Capital Mkts gave a rating of “Sector Perform” to TGA, setting the target price at $13 in the report published on June 04th of the previous year.
TGA Trading at -6.03% from the 50-Day Moving Average
After a stumble in the market that brought TGA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.37% of loss for the given period.
Volatility was left at 7.47%, however, over the last 30 days, the volatility rate increased by 7.66%, as shares sank -9.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.05% lower at present.
During the last 5 trading sessions, TGA fell by -15.47%, which changed the moving average for the period of 200-days by +128.48% in comparison to the 20-day moving average, which settled at $4.41. In addition, TransGlobe Energy Corporation saw 25.25% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TGA
Current profitability levels for the company are sitting at:
- +25.41 for the present operating margin
- +48.48 for the gross margin
The net margin for TransGlobe Energy Corporation stands at +23.87. Equity return is now at value 26.20, with 17.70 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.