South Jersey Industries Inc. (NYSE:SJI) went up by 0.17% from its latest closing price compared to the recent 1-year high of $36.03. The company’s stock price has collected 0.42% of gains in the last five trading sessions.
Is It Worth Investing in South Jersey Industries Inc. (NYSE :SJI) Right Now?
South Jersey Industries Inc. (NYSE:SJI) scored a price-to-earnings ratio above its average ratio, recording 26.71 x from its present earnings ratio. Plus, the 36-month beta value for SJI is at 0.62. Opinions of the stock are interesting as 0 analysts out of 8 who provided ratings for South Jersey Industries Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $36.29, which is $0.31 above the current price. SJI currently public float of 121.81M and currently shorts hold a 6.09% ratio of that float. Today, the average trading volume of SJI was 1.55M shares.
SJI’s Market Performance
SJI stocks went up by 0.42% for the week, with a monthly jump of 1.93% and a quarterly performance of 5.37%, while its annual performance rate touched 44.72%. The volatility ratio for the week stands at 0.46% while the volatility levels for the past 30 days are set at 0.50% for South Jersey Industries Inc. The simple moving average for the period of the last 20 days is 1.08% for SJI stocks with a simple moving average of 4.63% for the last 200 days.
Analysts’ Opinion of SJI
BofA Securities, on the other hand, stated in their research note that they expect to see SJI reach a price target of $25. The rating they have provided for SJI stocks is “Neutral” according to the report published on February 17th, 2022.
SJI Trading at 2.44% from the 50-Day Moving Average
After a stumble in the market that brought SJI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.14% of loss for the given period.
Volatility was left at 0.50%, however, over the last 30 days, the volatility rate increased by 0.46%, as shares surge +2.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.62% upper at present.
During the last 5 trading sessions, SJI rose by +0.77%, which changed the moving average for the period of 200-days by +4.64% in comparison to the 20-day moving average, which settled at $35.63. In addition, South Jersey Industries Inc. saw 1.10% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SJI
Current profitability levels for the company are sitting at:
- +17.30 for the present operating margin
- +17.38 for the gross margin
The net margin for South Jersey Industries Inc. stands at +4.43. Equity return is now at value 7.40, with 2.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.