Suncor Energy, Inc (NYSE:SU) shares, rose in value, with the stock price down by -1.09% to the previous day’s close as strong demand from buyers drove the stock to $35.33.
Actively observing the price movement in the last trading, the stock closed the session at $35.72. The PE ratio was 10.18 over 12-month period. Referring to stock’s 52-week performance, its high was $41.94, and the low was $30.79. On the whole, SU has fluctuated by -1.06% over the past month.
With the market capitalization of Suncor Energy, Inc currently standing at about $43.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.60, with its dividend yield at 4.53%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 48.14B, with a low estimate of 10.41B and a high estimate of 13.63B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 11.64B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SU’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 PEG ratio is about 2.50, with the price of SU currently trading nearly -0.25% and -1.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.74, while the 7-day volatility ratio is showing 0.91% which for the 30-day chart, stands at 1.54%. Furthermore, Suncor Energy, Inc (SU)’s beta value is 0.81, and its average true range (ATR) is 0.91.
A comparison of Suncor Energy, Inc (SU) with its peers suggests the former has fared considerably weaker in the market. SU showed an intraday change of -1.09% in last session, and over the past year, it shrunk by -11.94%%.
Data on historical trading for Suncor Energy, Inc (NYSE:SU) indicates that the trading volumes over the past 3 months, they’ve averaged 5.08 million. According to company’s latest data on outstanding shares, there are 1.23 billion shares outstanding.
Nearly 0.06% of Suncor Energy, Inc’s shares belong to company insiders and institutional investors own 69.95% of the company’s shares. The stock has fallen by -0.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SU stock heading into the next quarter.
