The 36-month beta value for HNRA is also noteworthy at -0.84. 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 HNRA is 2.91M, and at present, short sellers hold a 0.75% of that float. The average trading volume of HNRA on August 16, 2024 was 59.95K shares.
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HNRA) stock’s latest price update
The stock price of HNR Acquisition Corp (AMEX: HNRA) has dropped by -14.80 compared to previous close of 2.50. Despite this, the company has seen a fall of -18.39% in its stock price over the last five trading days. accesswire.com reported 2024-08-15 that HOUSTON, TX / ACCESSWIRE / August 15, 2024 / HNR Acquisition Corp (NYSE American:HNRA) (the “Company” or “HNRA”) is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announces key infrastructure improvements and upgrades to the well testing capabilities at the satellite stations and the purchase of two portable well testing units.
HNRA’s Market Performance
HNR Acquisition Corp (HNRA) has seen a -18.39% fall in stock performance for the week, with a -7.59% decline in the past month and a -6.58% plunge in the past quarter. The volatility ratio for the week is 13.47%, and the volatility levels for the past 30 days are at 13.14% for HNRA. The simple moving average for the past 20 days is -18.05% for HNRA’s stock, with a -27.21% simple moving average for the past 200 days.
HNRA Trading at -11.50% from the 50-Day Moving Average
After a stumble in the market that brought HNRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.71% of loss for the given period.
Volatility was left at 13.14%, however, over the last 30 days, the volatility rate increased by 13.47%, as shares sank -13.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.40% upper at present.
During the last 5 trading sessions, HNRA fell by -18.39%, which changed the moving average for the period of 200-days by -80.00% in comparison to the 20-day moving average, which settled at $2.58. In addition, HNR Acquisition Corp saw 5.19% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HNRA
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- -846.76 for the gross margin
The net margin for HNR Acquisition Corp stands at -0.44. The total capital return value is set at 0.05. Equity return is now at value -0.51, with -0.47 for asset returns.
Based on HNR Acquisition Corp (HNRA), the company’s capital structure generated 1.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at -5.95. The interest coverage ratio of the stock is 1.32.
Currently, EBITDA for the company is 4.96 billion with net debt to EBITDA at 4.68. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 14.48for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
In summary, HNR Acquisition Corp (HNRA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
