TotalEnergies SE ADR (TTE) Shares Plummet Below 1-Year High

TotalEnergies SE ADR (NYSE: TTE)’s stock price has decreased by -4.73 compared to its previous closing price of 68.11. However, the company has seen a -4.87% decrease in its stock price over the last five trading sessions. marketwatch.com reported 2024-10-15 that The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.

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

TotalEnergies SE ADR (NYSE: TTE) has a price-to-earnings ratio that is above its average at 7.27x. The stock has a 36-month beta value of 0.66. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for TTE is 2.31B, and at present, short sellers hold a 0.21% of that float. On October 15, 2024, the average trading volume of TTE was 1.29M shares.

TTE’s Market Performance

The stock of TotalEnergies SE ADR (TTE) has seen a -4.87% decrease in the past week, with a -4.70% drop in the past month, and a -5.23% fall in the past quarter. The volatility ratio for the week is 0.93%, and the volatility levels for the past 30 days are at 1.27% for TTE. The simple moving average for the past 20 days is -4.02% for TTE’s stock, with a -4.86% simple moving average for the past 200 days.

Analysts’ Opinion of TTE

Many brokerage firms have already submitted their reports for TTE stocks, with TD Cowen repeating the rating for TTE by listing it as a “Buy.” The predicted price for TTE in the upcoming period, according to TD Cowen is $74 based on the research report published on September 27, 2024 of the current year 2024.

Wolfe Research, on the other hand, stated in their research note that they expect to see TTE reach a price target of $87. The rating they have provided for TTE stocks is “Outperform” according to the report published on July 18th, 2024.

TTE Trading at -4.24% 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 -13.45% of loss for the given period.

Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 0.93%, as shares sank -4.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.78% lower at present.

During the last 5 trading sessions, TTE fell by -4.56%, which changed the moving average for the period of 200-days by -2.72% in comparison to the 20-day moving average, which settled at $67.61. In addition, TotalEnergies SE ADR saw -3.70% 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 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 0.86. 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

To sum up, TotalEnergies SE ADR (TTE) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.

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