Liberty Oilfield Services Inc. (NYSE:LBRT) went up by 1.46% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Oil & Gas Equipment & Services giant went up by $5.55 to trade ended Thursday trading at $5.47. This is up from the $5.47 price recorded on Wednesday’s trading session. Thanks to this latest performance, LBRT is closer to the higher price 52-week target of $8.00 and further from the lowest price target of $3.00. Its performance from the start of the year has also been negative, with LBRT down by -50.09% year-to-date.
Liberty Oilfield Services Inc. (LBRT) started the day trading at $5.67 and recorded an intraday high of $5.7249. It also recorded an intraday low of $5.44 during Thursday’s trading session. Liberty Oilfield Services Inc. is a very active stock that recorded a trading volume that is less than -93.39% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 481081, which is less than -93.39 of the total average daily trading volume of 930.36K.
Liberty Oilfield Services Inc. (NYSE:LBRT) 2020 Performance Impressive
The increase in LBRT’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of LBRT currently stands at $16.40, which is higher than the current trading price of the stock by 66.16%. However, LBRT’s current trading price is -155.76% lower than the 52-week low price of $2.17. In terms of trading volume, Liberty Oilfield Services Inc. currently experienced healthy participation during the last trading session. 481081 shares of Liberty Oilfield Services Inc. were traded on the stock exchange on Thursday, which is less than -93.39% of the 930.36K average trading volume of the stock.
The performance of the stock has been positive over the past year. LBRT’s performance over the past one year has seen it plunge by -63.56%, while the stock has gone down by -48.32% in the last six months. The quarterly performance of LBRT currently stands at 124.70%, and it is down by -3.48% in the last month. The only negative figure was from the weekly performance, which currently reads -2.12%. At the time of writing LBRT’s report, the company has a total market cap of $695.42M, making it one of the largest publicly-traded companies in the world.Liberty Oilfield Services Inc. also has over 2571 employees all over the world.
LBRT Insider Activities
For Liberty Oilfield Services Inc., insiders hold 81.50% of all company shares. The insider transactions over the past six months are up by 5.80%. During that period, insiders bought 370,673 shares in 5 transactions. In that same period, insiders sold 79,122 of their shares in 5 transactions. After these transactions, insiders at Liberty Oilfield Services Inc. now hold 7.46M shares, which is over 82.08% of the total company stocks. Institutional investors currently hold a large chunk of the LBRT shares, as they control 9.10% of the company’s total stock.
LBRT Fundamental Analysis
For Liberty Oilfield Services Inc., the stock’s diluted earnings per share (EPS) stands at 0.16. In the coming year, analysts expect the EPS to be -0.90.
The Return on Investment (ROI) on Liberty Oilfield Services Inc.’s stock currently stands at 12.60%, and it has a net profit margin of 1.20%. The operating margin of the company is 3.40%, and its gross margin is 17.80%.
LBRT Analysts Prediction
and Piper Sandler reiterate their Neutral position on the stock ($13.75 and $4.25).
At the moment, Liberty Oilfield Services Inc.’s Total Debt to Equity ratio stands at 0.27, and they have a long-term Debt to Equity ratio of 0.23.
LBRT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of LBRT currently stands at -9.81%, while the SMA50 is 6.29%. The biggest one is the SMA200, which is currently reading -23.43% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 48.08, while its price to earnings ratio (P/E) is 35.35.