Dawson Geophysical Company (NASDAQ: DWSN)’s stock price has soared by 10.06 in relation to previous closing price of 1.79. Nevertheless, the company has seen a gain of 15.88% in its stock price over the last five trading days. Seeking Alpha reported 2023-03-10 that Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services providers were screened for profitability based on net income margin; 26 were not profitable over the previous twelve months.
Is It Worth Investing in Dawson Geophysical Company (NASDAQ: DWSN) Right Now?
The 36-month beta value for DWSN is at 0.85. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DWSN is 30.81M, and currently, shorts hold a 0.08% of that float. The average trading volume for DWSN on April 16, 2024 was 13.85K shares.
DWSN’s Market Performance
The stock of Dawson Geophysical Company (DWSN) has seen a 15.88% increase in the past week, with a 43.80% rise in the past month, and a 21.35% gain in the past quarter. The volatility ratio for the week is 8.35%, and the volatility levels for the past 30 days are at 6.77% for DWSN. The simple moving average for the past 20 days is 25.83% for DWSN’s stock, with a 11.24% simple moving average for the past 200 days.
Analysts’ Opinion of DWSN
Many brokerage firms have already submitted their reports for DWSN stocks, with Raymond James repeating the rating for DWSN by listing it as a “Strong Buy.” The predicted price for DWSN in the upcoming period, according to Raymond James is $8 based on the research report published on May 11, 2016 of the previous year 2016.
Wunderlich gave a rating of “Hold” to DWSN, setting the target price at $18 in the report published on October 10th of the previous year.
DWSN Trading at 28.39% from the 50-Day Moving Average
After a stumble in the market that brought DWSN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.70% of loss for the given period.
Volatility was left at 6.77%, however, over the last 30 days, the volatility rate increased by 8.35%, as shares surge +40.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.22% upper at present.
During the last 5 trading sessions, DWSN rose by +15.88%, which changed the moving average for the period of 200-days by +4.79% in comparison to the 20-day moving average, which settled at $1.5941. In addition, Dawson Geophysical Company saw 7.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DWSN starting from Wilks Brothers, LLC, who purchase 8,895 shares at the price of $2.23 back on Jun 14 ’23. After this action, Wilks Brothers, LLC now owns 18,847,330 shares of Dawson Geophysical Company, valued at $19,836 using the latest closing price.
Wilks Brothers, LLC, the 10% Owner of Dawson Geophysical Company, purchase 4,438 shares at $2.19 during a trade that took place back on Jun 13 ’23, which means that Wilks Brothers, LLC is holding 17,650,200 shares at $9,719 based on the most recent closing price.
Stock Fundamentals for DWSN
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.7 for the gross margin
The net margin for Dawson Geophysical Company stands at -0.13. The total capital return value is set at -0.31. Equity return is now at value -33.49, with -20.23 for asset returns.
Based on Dawson Geophysical Company (DWSN), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 271.22.
Currently, EBITDA for the company is -1.53 million with net debt to EBITDA at 2.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.53. The receivables turnover for the company is 7.6for trailing twelve months and the total asset turnover is 1.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
In conclusion, Dawson Geophysical Company (DWSN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
