TotalEnergies SE ADR (NYSE: TTE)’s stock price has plunge by -0.71relation to previous closing price of 69.17. Nevertheless, the company has seen a 0.53% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-24 that Despite refining industry challenges affecting profitability, stocks like MPC and PSX appear to be in a stronger position due to their diversified business.
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 7.70x compared to its average ratio, The 36-month beta value for TTE is at 0.66. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for TTE is 2.31B, and currently, shorts hold a 0.18% of that float. The average trading volume for TTE on September 25, 2024 was 1.15M shares.
TTE’s Market Performance
TTE stock saw a decrease of 0.53% in the past week, with a monthly decline of -1.51% and a quarterly a decrease of 1.37%. The volatility ratio for the week is 1.31%, and the volatility levels for the last 30 days are 1.28% for TotalEnergies SE ADR (TTE). The simple moving average for the last 20 days is 0.88% for TTE stock, with a simple moving average of 0.70% for the last 200 days.
Analysts’ Opinion of TTE
Many brokerage firms have already submitted their reports for TTE stocks, with Wolfe Research repeating the rating for TTE by listing it as a “Outperform.” The predicted price for TTE in the upcoming period, according to Wolfe Research is $87 based on the research report published on July 18, 2024 of the current year 2024.
TTE Trading at 1.14% 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 -8.39% of loss for the given period.
Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares sank -2.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.65% lower at present.
During the last 5 trading sessions, TTE rose by +0.53%, which changed the moving average for the period of 200-days by +5.92% in comparison to the 20-day moving average, which settled at $68.00. In addition, TotalEnergies SE ADR saw 1.93% 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
- 0.18 for the gross margin
The net margin for TotalEnergies SE ADR stands at 0.1. The total capital return value is set at 0.16. Equity return is now at value 18.39, with 7.58 for asset returns.
Based on TotalEnergies SE ADR (TTE), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.68. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 9.71.
Currently, EBITDA for the company is 44.91 billion with net debt to EBITDA at 0.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.9. The receivables turnover for the company is 10.18for 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 1.11.
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.
