The stock of Imperial Oil Ltd. (IMO) has seen a 4.82% increase in the past week, with a 13.47% gain in the past month, and a 22.88% flourish in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 1.75% for IMO. The simple moving average for the last 20 days is 6.50% for IMO stock, with a simple moving average of 25.71% for the last 200 days.
Is It Worth Investing in Imperial Oil Ltd. (AMEX: IMO) Right Now?
Imperial Oil Ltd. (AMEX: IMO) has a price-to-earnings ratio of 11.52x that is above its average ratio. Additionally, the 36-month beta value for IMO is 1.49. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 3 rating it as “sell.”
The public float for IMO is 162.80M and currently, short sellers hold a 10.04% ratio of that float. The average trading volume of IMO on April 05, 2024 was 425.98K shares.
IMO) stock’s latest price update
The stock price of Imperial Oil Ltd. (AMEX: IMO) has surged by 0.67 when compared to previous closing price of 71.98, but the company has seen a 4.82% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-19 that Imperial (IMO) plans a three-month shutdown of the Winnipeg pipeline for repairs due to integrity concerns, prompting fuel supply management measures in Manitoba.
IMO Trading at 15.02% from the 50-Day Moving Average
After a stumble in the market that brought IMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.36% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +12.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.42% upper at present.
During the last 5 trading sessions, IMO rose by +4.72%, which changed the moving average for the period of 200-days by +47.84% in comparison to the 20-day moving average, which settled at $68.43. In addition, Imperial Oil Ltd. saw 26.70% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IMO
Current profitability levels for the company are sitting at:
- 0.72 for the present operating margin
- 0.55 for the gross margin
The net margin for Imperial Oil Ltd. stands at 0.1. The total capital return value is set at 1.16. Equity return is now at value 21.69, with 11.43 for asset returns.
Based on Imperial Oil Ltd. (IMO), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.16. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 3.82.
Currently, EBITDA for the company is 11.17 billion with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 1.01. The receivables turnover for the company is 12.43for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In conclusion, Imperial Oil Ltd. (IMO) has seen better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it 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.
