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Eneti Inc. (NETI): A Technical Analysis

Eneti Inc. (NYSE: NETI) has a higher price-to-earnings ratio of 4.41x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.08. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Eneti Inc. (NETI) is $13.86, which is $4.09 above the current market price. The public float for NETI is 25.27M, and currently, short sellers hold a 5.94% ratio of that float. The average trading volume of NETI on May 24, 2023 was 446.62K shares.

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NETI) stock’s latest price update

Eneti Inc. (NYSE: NETI)’s stock price has soared by 3.78 in relation to previous closing price of 9.26. Nevertheless, the company has seen a gain of 13.73% in its stock price over the last five trading days.

NETI’s Market Performance

Eneti Inc. (NETI) has experienced a 13.73% rise in stock performance for the past week, with a -5.60% drop in the past month, and a -4.19% drop in the past quarter. The volatility ratio for the week is 5.90%, and the volatility levels for the past 30 days are at 5.67% for NETI. The simple moving average for the last 20 days is 13.57% for NETI’s stock, with a simple moving average of 6.63% for the last 200 days.

NETI Trading at 6.14% from the 50-Day Moving Average

After a stumble in the market that brought NETI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.20% of loss for the given period.

Volatility was left at 5.67%, however, over the last 30 days, the volatility rate increased by 5.90%, as shares sank -0.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.69% upper at present.

During the last 5 trading sessions, NETI rose by +13.73%, which changed the moving average for the period of 200-days by +34.59% in comparison to the 20-day moving average, which settled at $8.46. In addition, Eneti Inc. saw -4.38% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for NETI

Current profitability levels for the company are sitting at:

  • +27.19 for the present operating margin
  • +47.85 for the gross margin

The net margin for Eneti Inc. stands at +53.03. The total capital return value is set at 7.02, while invested capital returns managed to touch 14.55.

Based on Eneti Inc. (NETI), the company’s capital structure generated 9.00 points at debt to equity in total, while total debt to capital is 8.26. Total debt to assets is 8.18, with long-term debt to equity ratio resting at 7.31. Finally, the long-term debt to capital ratio is 6.71.

When we switch over and look at the enterprise to sales, we see a ratio of 1.56, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 6.95 and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.86.


To put it simply, Eneti Inc. (NETI) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.