Sandridge Energy Inc (NYSE: SD) has a higher price-to-earnings ratio of 12.22x compared to its average ratio. SD has 36-month beta value of 2.10. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SD is 36.43M, and currently, short sellers hold a 2.66% ratio of that float. The average trading volume of SD on September 02, 2024 was 280.90K shares.
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SD) stock’s latest price update
Sandridge Energy Inc (NYSE: SD) has experienced a decline in its stock price by -1.12 compared to its previous closing price of 13.43. However, the company has seen a fall of -1.04% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-08 that SandRidge Energy, Inc. (NYSE:SD ) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Scott Prestridge – Senior Vice President of Finance and Strategy Grayson Pranin – Chief Executive Officer Brandon Brown – Chief Financial Officer Dean Parrish – Chief Operating Officer Conference Call Participants Jesús León – Castañar Investment Operator Hello and welcome to the SandRidge Energy Conference Call. All lines have been placed on mute to prevent any background noise.
SD’s Market Performance
SD’s stock has fallen by -1.04% in the past week, with a monthly rise of 1.92% and a quarterly drop of -4.87%. The volatility ratio for the week is 1.94% while the volatility levels for the last 30 days are 2.56% for Sandridge Energy Inc The simple moving average for the past 20 days is 2.89% for SD’s stock, with a 0.51% simple moving average for the past 200 days.
Analysts’ Opinion of SD
Many brokerage firms have already submitted their reports for SD stocks, with Seaport Global Securities repeating the rating for SD by listing it as a “Neutral.” The predicted price for SD in the upcoming period, according to Seaport Global Securities is $17 based on the research report published on June 21, 2017 of the previous year 2017.
SD Trading at 1.63% from the 50-Day Moving Average
After a stumble in the market that brought SD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.26% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +6.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.68% upper at present.
During the last 5 trading sessions, SD fell by -1.04%, which changed the moving average for the period of 200-days by -9.60% in comparison to the 20-day moving average, which settled at $12.94. In addition, Sandridge Energy Inc saw 8.33% 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 SD starting from Pranin Grayson R, who sale 4,742 shares at the price of $16.17 back on Sep 06 ’23. After this action, Pranin Grayson R now owns 127,805 shares of Sandridge Energy Inc, valued at $76,670 using the latest closing price.
Stock Fundamentals for SD
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.43 for the gross margin
The net margin for Sandridge Energy Inc stands at 0.31. The total capital return value is set at 0.09. Equity return is now at value 9.18, with 7.40 for asset returns.
Currently, EBITDA for the company is 79.45 million with net debt to EBITDA at -3.13. When we switch over and look at the enterprise to sales, we see a ratio of 2.2. The receivables turnover for the company is 5.52for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.14.
Conclusion
To put it simply, Sandridge Energy Inc (SD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
