The stock of Suncor Energy, Inc. (SU) has seen a 3.73% increase in the past week, with a 11.30% gain in the past month, and a 14.50% flourish in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 1.57% for SU. The simple moving average for the past 20 days is 5.88% for SU’s stock, with a 18.11% 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 8.25x. The 36-month beta value for SU is also noteworthy at 1.14. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for SU is 1.29B, and at present, short sellers hold a 5.61% of that float. The average trading volume of SU on April 09, 2024 was 4.30M shares.
SU) stock’s latest price update
Suncor Energy, Inc. (NYSE: SU)’s stock price has decreased by -0.77 compared to its previous closing price of 39.00. However, the company has seen a 3.73% increase 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 12.17% 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 unable to rebound, for now settling with -0.82% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +12.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.78% upper at present.
During the last 5 trading sessions, SU rose by +3.73%, which changed the moving average for the period of 200-days by +30.61% in comparison to the 20-day moving average, which settled at $36.76. In addition, Suncor Energy, Inc. saw 20.79% 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 1.61. 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 summary, Suncor Energy, Inc. (SU) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
