The stock of Suncor Energy, Inc. (SU) has gone up by 3.96% for the week, with a 8.59% rise in the past month and a 17.00% rise in the past quarter. The volatility ratio for the week is 1.55%, and the volatility levels for the past 30 days are 1.59% for SU. The simple moving average for the past 20 days is 4.65% for SU’s stock, with a 14.60% simple moving average for the past 200 days.
Is It Worth Investing in Suncor Energy, Inc. (NYSE: SU) Right Now?
The price-to-earnings ratio for Suncor Energy, Inc. (NYSE: SU) is above average at 7.96x, Company’s 36-month beta value is 1.14.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for SU is 1.29B, and currently, short sellers hold a 5.61% ratio of that floaft. The average trading volume of SU on April 02, 2024 was 4.28M shares.
SU) stock’s latest price update
The stock price of Suncor Energy, Inc. (NYSE: SU) has surged by 1.08 when compared to previous closing price of 36.91, but the company has seen a 3.96% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-22 that Suncor Energy (SU) reported earnings 30 days ago. What’s next for the stock?
SU Trading at 10.27% from the 50-Day Moving Average
After a stumble in the market that brought SU to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.91% of gains for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.55%, as shares surge +6.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.67% upper at present.
During the last 5 trading sessions, SU rose by +3.96%, which changed the moving average for the period of 200-days by +24.24% in comparison to the 20-day moving average, which settled at $35.77. In addition, Suncor Energy, Inc. saw 16.45% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SU
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.47 for the gross margin
The net margin for Suncor Energy, Inc. stands at 0.16. The total capital return value is set at 0.12. Equity return is now at value 19.84, with 9.47 for asset returns.
Based on Suncor Energy, Inc. (SU), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.0. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 7.35.
Currently, EBITDA for the company is 15.64 billion with net debt to EBITDA at 0.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.56. The receivables turnover for the company is 7.55for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In a nutshell, Suncor Energy, Inc. (SU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
