Diamondback Energy Inc (NASDAQ:FANG) shares, rose in value, with the stock price up by 4.11% to the previous day’s close as strong demand from buyers drove the stock to $135.57.
Actively observing the price movement in the recent trading, the stock is buoying the session at $130.22, falling within a range of $132.635 and $137.5082. The value of beta (5-year monthly) is 1.423 whereas the PE ratio is 8.59 over 12-month period. Referring to stock’s 52-week performance, its high was $212.93, and the low was $114.00. On the whole, FANG has fluctuated by -13.98% over the past month.
With the market capitalization of Diamondback Energy Inc currently standing at about $39.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23. The company’s Forward Dividend Ratio is 5.14, with its dividend yield at 3.79%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 14.53B, with a low estimate of 3.11B and a high estimate of 3.97B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.68B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FANG’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 FANG currently trading nearly -5.21% and -8.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.44, while the 7-day volatility ratio is showing 5.47% which for the 30-day chart, stands at 5.31%. Furthermore, Diamondback Energy Inc (FANG)’s beta value is 1.09, and its average true range (ATR) is 7.99.
A comparison of Diamondback Energy Inc (FANG) with its peers suggests the former has fared considerably weaker in the market. FANG showed an intraday change of 4.11% in today’s session so far, and over the past year, it shrunk by -32.68%%.
Data on historical trading for Diamondback Energy Inc (NASDAQ:FANG) indicates that the trading volumes over the past 10 days have averaged 3.96 and over the past 3 months, they’ve averaged 2.78 million. According to company’s latest data on outstanding shares, there are 290.98 million shares outstanding.
Nearly 35.88% of Diamondback Energy Inc’s shares belong to company insiders and institutional investors own 56.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.15 million shares as on 2025-03-31, resulting in a short ratio of 1.76. According to the data, the short interest in Diamondback Energy Inc (FANG) stood at 193.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.58 million. The stock has fallen by -17.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FANG stock heading into the next quarter.
