TotalEnergies SE ADR (NYSE: TTE) has experienced a decline in its stock price by -0.38 compared to its previous closing price of 72.97. However, the company has seen a gain of 1.32% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that TotalEnergies (TTE) continues to expand its renewable energy generation business in the United States. The company aims to generate more than 100 TWh of net clean electricity by 2030.
Is It Worth Investing in TotalEnergies SE ADR (NYSE: TTE) Right Now?
TotalEnergies SE ADR (NYSE: TTE) has a higher price-to-earnings ratio of 8.27x compared to its average ratio, The 36-month beta value for TTE is at 0.71. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TTE is 2.33B, and currently, shorts hold a 0.24% of that float. The average trading volume for TTE on April 24, 2024 was 1.74M shares.
TTE’s Market Performance
TTE stock saw an increase of 1.32% in the past week, with a monthly gain of 6.45% and a quarterly increase of 13.16%. The volatility ratio for the week is 1.62%, and the volatility levels for the last 30 days are 1.44% for TotalEnergies SE ADR (TTE). The simple moving average for the past 20 days is 1.42% for TTE’s stock, with a 11.00% simple moving average for the past 200 days.
TTE Trading at 6.74% from the 50-Day Moving Average
After a stumble in the market that brought TTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.84% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +7.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.44% upper at present.
During the last 5 trading sessions, TTE rose by +1.28%, which changed the moving average for the period of 200-days by +28.87% in comparison to the 20-day moving average, which settled at $71.93. In addition, TotalEnergies SE ADR saw 7.89% 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 TTE starting from TotalEnergies SE, who purchase 196,964 shares at the price of $22.86 back on Mar 28 ’24. After this action, TotalEnergies SE now owns 295,235 shares of TotalEnergies SE ADR, valued at $4,502,833 using the latest closing price.
Stock Fundamentals for TTE
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.25 for the gross margin
The net margin for TotalEnergies SE ADR stands at 0.1. The total capital return value is set at 0.18. Equity return is now at value 18.72, with 7.28 for asset returns.
Based on TotalEnergies SE ADR (TTE), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.96. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 11.74.
Currently, EBITDA for the company is 44.91 billion with net debt to EBITDA at 0.47. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 5.12for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.
Conclusion
In conclusion, TotalEnergies SE ADR (TTE) 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.
