Berry Corp (NASDAQ:BRY) shares, rose in value, with the stock price up by 0.81% to the previous day’s close as strong demand from buyers drove the stock to $8.74.
Actively observing the price movement in the last trading, the stock closed the session at $8.67. The PE ratio was 18.95 over 12-month period. Referring to stock’s 52-week performance, its high was $8.86, and the low was $6.02. On the whole, BRY has fluctuated by 11.05% over the past month.
The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 5.49%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 716.27M, with a low estimate of 150.6M and a high estimate of 204M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 175.53M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BRY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.26, with the price of BRY currently trading nearly 3.19% and 13.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.38, while the 7-day volatility ratio is showing 2.93% which for the 30-day chart, stands at 2.74%. Furthermore, Berry Corp (BRY)’s beta value is 1.78, and its average true range (ATR) is 0.23.
A comparison of Berry Corp (BRY) with its peers suggests the former has fared considerably weaker in the market. BRY showed an intraday change of 0.81% in last session, and over the past year, it grew by 22.99%%.
Data on historical trading for Berry Corp (NASDAQ:BRY) indicates that the trading volumes over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 75.67 million shares outstanding.
Nearly 3.34% of Berry Corp’s shares belong to company insiders and institutional investors own 90.96% of the company’s shares. The stock has risen by 26.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BRY stock heading into the next quarter.
