The trading price of Tidewater Inc. (NYSE:TDW) floating lower at last check on Wednesday, August 07, closing at $85.07, -3.49% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 28.18. In examining the 52-week price action we see that the stock hit a 52-week high of $111.42 and a 52-week low of $54.53. Over the past month, the stock has lost -7.81% in value.
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Tidewater Inc., whose market valuation is $4.49 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest TDW has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 25% Buy, while an average of long term indicators suggests that the stock is currently Hold.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 5.64, which symbolizes a positive outlook. A quick review shows that TDW’s price is currently -13.19% off the SMA20 and -12.82% off the SMA50. The RSI metric on the 14-day chart is currently showing 35.43, and weekly volatility stands at 5.83%. When measured over the past 30 days, the indicator reaches 4.59%. Tidewater Inc. (NYSE:TDW)’s beta value is currently sitting at 1.18, while the Average True Range indicator is currently displaying 4.92.
To see how Tidewater Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: TDW stock’s performance was -3.49% at last check in today’s session, and 36.16% in the past year. Tidewater Inc. has a P/E ratio of 28.18.
An evaluation of the daily trading volume of Tidewater Inc. (NYSE:TDW) indicates that the 3-month average is 974.52K.
Currently, records show that 52.26 million of the company’s shares remain outstanding. The insiders hold 5.59% of outstanding shares, whereas institutions hold 98.67%. However, since the stock’s price has seen 17.97% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
