TotalEnergies SE ADR (TTE) Shares Soar Above 1-Year High

TotalEnergies SE ADR (NYSE: TTE)’s stock price has plunge by 0.29relation to previous closing price of 71.94. Nevertheless, the company has seen a 0.66% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-07 that Dividend Income: Lanny’s April 2024 Summary

Is It Worth Investing in TotalEnergies SE ADR (NYSE: TTE) Right Now?

The price-to-earnings ratio for TotalEnergies SE ADR (NYSE: TTE) is above average at 8.05x. The 36-month beta value for TTE is also noteworthy at 0.69. There are mixed opinions on the stock, with 0 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 TTE is 2.35B, and at present, short sellers hold a 0.25% of that float. The average trading volume of TTE on May 09, 2024 was 1.54M shares.

TTE’s Market Performance

The stock of TotalEnergies SE ADR (TTE) has seen a 0.66% increase in the past week, with a -1.20% drop in the past month, and a 14.43% gain in the past quarter. The volatility ratio for the week is 0.88%, and the volatility levels for the past 30 days are at 1.41% for TTE. The simple moving average for the past 20 days is -0.45% for TTE’s stock, with a 8.96% simple moving average for the past 200 days.

TTE Trading at 3.41% 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 -3.76% of loss for the given period.

Volatility was left at 1.41%, however, over the last 30 days, the volatility rate increased by 0.88%, as shares sank -1.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.79% upper at present.

During the last 5 trading sessions, TTE rose by +0.66%, which changed the moving average for the period of 200-days by +19.12% in comparison to the 20-day moving average, which settled at $72.42. In addition, TotalEnergies SE ADR saw 7.08% 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:

  • 0.15 for the present operating margin
  • 0.22 for the gross margin

The net margin for TotalEnergies SE ADR stands at 0.1. The total capital return value is set at 0.17. Equity return is now at value 18.42, with 7.48 for asset returns.

Based on TotalEnergies SE ADR (TTE), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.67. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 10.76.

Currently, EBITDA for the company is 44.91 billion with net debt to EBITDA at 0.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.94. The receivables turnover for the company is 8.79for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.

Conclusion

In summary, TotalEnergies SE ADR (TTE) has had a better performance as of late. Analysts have mixed 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.

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