In the past week, KLXE stock has gone down by -3.66%, with a monthly decline of -20.99% and a quarterly plunge of -30.98%. The volatility ratio for the week is 9.28%, and the volatility levels for the last 30 days are 6.73% for KLX Energy Services Holdings Inc. The simple moving average for the past 20 days is -14.37% for KLXE’s stock, with a -37.18% simple moving average for the past 200 days.
Is It Worth Investing in KLX Energy Services Holdings Inc (NASDAQ: KLXE) Right Now?
Additionally, the 36-month beta value for KLXE is 2.09. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for KLXE is 13.28M and currently, short sellers hold a 13.49% ratio of that float. The average trading volume of KLXE on May 09, 2024 was 206.37K shares.
KLXE) stock’s latest price update
KLX Energy Services Holdings Inc (NASDAQ: KLXE) has experienced a decline in its stock price by -8.60 compared to its previous closing price of 6.63. However, the company has seen a fall of -3.66% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that KLX Energy Services (KLXE) came out with a quarterly loss of $1.24 per share versus the Zacks Consensus Estimate of a loss of $0.71. This compares to earnings of $0.80 per share a year ago.
Analysts’ Opinion of KLXE
Jefferies gave a rating of “Buy” to KLXE, setting the target price at $35 in the report published on April 03rd of the previous year.
KLXE Trading at -18.04% from the 50-Day Moving Average
After a stumble in the market that brought KLXE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.84% of loss for the given period.
Volatility was left at 6.73%, however, over the last 30 days, the volatility rate increased by 9.28%, as shares sank -22.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.04% lower at present.
During the last 5 trading sessions, KLXE fell by -3.66%, which changed the moving average for the period of 200-days by -48.34% in comparison to the 20-day moving average, which settled at $6.99. In addition, KLX Energy Services Holdings Inc saw -46.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KLXE starting from Baker Christopher J., who sale 4,000 shares at the price of $9.44 back on Dec 01 ’23. After this action, Baker Christopher J. now owns 131,041 shares of KLX Energy Services Holdings Inc, valued at $37,760 using the latest closing price.
Lehner Keefer McGovern, the of KLX Energy Services Holdings Inc, sale 13,343 shares at $10.28 during a trade that took place back on Nov 02 ’23, which means that Lehner Keefer McGovern is holding 44,578 shares at $137,166 based on the most recent closing price.
Stock Fundamentals for KLXE
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.2 for the gross margin
The net margin for KLX Energy Services Holdings Inc stands at -0.02. The total capital return value is set at 0.07. Equity return is now at value -55.86, with -2.45 for asset returns.
Based on KLX Energy Services Holdings Inc (KLXE), the company’s capital structure generated 0.96 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 21.3. The interest coverage ratio of the stock is 0.68.
Currently, EBITDA for the company is 127.8 million with net debt to EBITDA at 2.6. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 6.83for 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 1.72.
Conclusion
In conclusion, KLX Energy Services Holdings Inc (KLXE) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
