Sable Offshore Corp (SOC) concluded trading on Thursday at a closing price of $22.26, with 4.03 million shares of worth about $89.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 54.16% during that period and on December 19, 2024 the price saw a gain of about 13.34%. Currently the company’s common shares owned by public are about 78.79M shares, out of which, 57.86M shares are available for trading.
Stock saw a price change of 11.58% in past 5 days and over the past one month there was a price change of 2.68%. Year-to-date (YTD), SOC shares are showing a performance of 95.43% which increased to 96.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.11 but also hit the highest price of $28.67 during that period. The average intraday trading volume for Sable Offshore Corp shares is 1.32 million. The stock is currently trading 2.73% above its 20-day simple moving average (SMA20), while that difference is up 3.37% for SMA50 and it goes to 32.20% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Sable Offshore Corp (NYSE: SOC) currently have 78.79M outstanding shares and institutions hold larger chunk of about 49.00% of that.
The stock has a current market capitalization of $1.98B and its 3Y-monthly beta is at 0.39. It has posted earnings per share of -$14.05 in the same period. It has Quick Ratio of 3.34 while making debt-to-equity ratio of 4.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SOC, volatility over the week remained 8.03% while standing at 6.99% over the month.
Stock’s fiscal year EPS is expected to drop by -135.57% while it is estimated to increase by 128.38% in next year.
Coverage by Johnson Rice stated Sable Offshore Corp (SOC) stock as a Buy in their note to investors on November 05, 2024, suggesting a price target of $30 for the stock. On October 08, 2024, BWS Financial Initiated their recommendations, while on August 13, 2024, Jefferies Initiated their ratings for the stock with a price target of $19. Stock get a Buy rating from The Benchmark Company on July 17, 2024.
