Berry Corp (NASDAQ:BRY) shares, rose in value on Friday, March 07, with the stock price up by 3.19% to the previous day’s close as strong demand from buyers drove the stock to $3.56.
Actively observing the price movement in the last trading, the stock closed the session at $3.45. The PE ratio was 3.31 over 12-month period. Referring to stock’s 52-week performance, its high was $8.80, and the low was $3.36. On the whole, BRY has fluctuated by -17.78% over the past month.
With the market capitalization of Berry Corp currently standing at about $273.90 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.44, with its dividend yield at 12.36%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 704M, with a low estimate of 155M and a high estimate of 191M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 173M.
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% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BRY currently trading nearly -12.85% and -17.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.80, while the 7-day volatility ratio is showing 6.45% which for the 30-day chart, stands at 3.75%. Furthermore, Berry Corp (BRY)’s beta value is 1.31, and its average true range (ATR) is 0.17.
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 3.19% in last session, and over the past year, it shrunk by -47.16%%.
Data on historical trading for Berry Corp (NASDAQ:BRY) indicates that the trading volumes over the past 3 months, they’ve averaged 996.69K. According to company’s latest data on outstanding shares, there are 76.94 million shares outstanding.
Nearly 2.66% of Berry Corp’s shares belong to company insiders and institutional investors own 87.00% of the company’s shares. The stock has fallen by -13.80% 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.
