Flowco Holdings Inc (NYSE:FLOC) concluded the trading at $20.39 on Wednesday, May 14 with a rise of 2.05% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $19.98 with its price kept floating in the range of $19.0901 and $20.56 on the day. Considering stock’s 52-week price range provides that FLOC hit a high price of $30.50 and saw its price falling to a low level of $16.69 during that period. Over a period of past 1-month, stock came adding 7.26% in its value.
With its current market valuation of $1.85 billion, Flowco Holdings Inc is set to declare its quarterly results on 2025-May-12. FLOC Stock’s Forward Dividend of 0.08 and its yield of 0.39% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
Digging deeper we become aware of the PEG ratio of the FLOC stock which is currently positioned at 0. It further provides that stock’s current price level is -0.59% away from its 20-day simple moving average and is -6.70% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 46.35 while volatility remained at 6.76% over the past week which changes to 5.25% when measuring it over the past month. Average true range or ATR is currently at 1.34. In predicting price targets of as low as $32 and as high as $33, analysts are in agreement on assigning the stock over the next 12 months average price target of $32.5. Stock’s current price level is -56.94% above from estimated low price target while it is -61.84% below the estimated high; and even if the FLOC’s share succeeded to reach the median price of $32.5, then the outlook of -59.39% could come to the excitement of the investors.
Having a second look at Flowco Holdings Inc (NYSE:FLOC) provides that stock’s average daily trading volume for 3 months was 469.20K, while it jumped to 426700 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 25.72 million.
The percentage of outstanding shares held by the insiders is 78.26% while it is 15.64% for the institutional holders. In April the standing of shares short improved as it was 1.78 million in the previous month. Subtraction of -31.35% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
