The trading price of XPLR Infrastructure LP (NYSE:XIFR) closed lower on Monday, March 03, and closing at $8.59, -4.98% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $35.15 and a 52-week low of $7.97. Over the past month, the stock has lost -17.72% in value.
XPLR Infrastructure LP, whose market valuation is $803.46 million at the time of this writing, is expected to release its quarterly earnings report in April. The dividend yield on the company stock is 31.61%, while its Forward Dividend ratio is 2.71. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.28 per share this quarter, however they have predicted annual earnings per share of 2.8 for current year and 1.66 for next year.
Analysts have forecast the company to bring in revenue of 303.58M for the current quarter, with the likely lows of 284.3M and highs of 326.16M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.38B.
On the technical side, indicators suggest XIFR has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that XIFR’s price is currently -3.93% off the SMA20 and -36.35% off the SMA50. The RSI metric on the 14-day chart is currently showing 28.46, and weekly volatility stands at 4.52%. When measured over the past 30 days, the indicator reaches 5.47%. XPLR Infrastructure LP (NYSE:XIFR)’s beta value is currently sitting at 1.08, while the Average True Range indicator is currently displaying 0.62.
To see how XPLR Infrastructure LP stock has been performing in comparison to its peers in the industry, here are the numbers: XIFR stock’s performance was -4.98% in the latest trading, and -68.10% in the past year, while Ormat Technologies Inc. (ORA) has traded -1.59%% on the day and positioned 4.66% higher than it was a year ago.
An evaluation of the daily trading volume of XPLR Infrastructure LP (NYSE:XIFR) indicates that the 3-month average is 3.08 million.
Currently, records show that 93.50 million of the company’s shares remain outstanding. The insiders hold 3.03% of outstanding shares, whereas institutions hold 56.96%. However, since the stock’s price has seen -51.74% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
