Oneok Inc. (NYSE: OKE) is 9.77% higher on its value in year-to-date trading and has touched a low of $55.91 and a high of $80.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OKE stock was last observed hovering at around $77.85 in the last trading session, with the day’s loss setting it -0.77%.
Currently trading at $77.08, the stock is -2.73% and 1.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.63 million and changing -0.99% at the moment leaves the stock 11.83% off its SMA200. OKE registered 14.99% gain for a year compared to 6-month gain of 11.52%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.10% loss in the last 1 month and extending the period to 3 months gives it a 10.75%, and is -3.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.02% over the week and 1.48% over the month.
Oneok Inc. (OKE) has around 4775 employees, a market worth around $44.95B and $17.48B in sales. Current P/E ratio is 13.91 and Fwd P/E is 14.04. Profit margin for the company is 15.21%. Distance from 52-week low is 37.86% and -4.62% from its 52-week high. The company has generated returns on investments over the last 12 months (7.04%).
The EPS is expected to shrink by -9.34% this year.
Oneok Inc. (OKE) Top Institutional Holders
The shares outstanding are 583.09M, and float is at 581.61M with Short Float at 1.82%.
Oneok Inc. (OKE) Insider Activity
The most recent transaction is an insider purchase by Smith Wayne Thomas,the company’sDirector. SEC filings show that Smith Wayne Thomas bought 2,700 shares of the company’s common stock on Mar 01 ’24 at a price of $75.25 per share for a total of $0.2 million. Following the purchase, the insider now owns 2700.0 shares.
Oneok Inc. disclosed in a document filed with the SEC on Dec 22 ’23 that RODRIGUEZ EDUARDO A (Director) sold a total of 800 shares of the company’s common stock. The trade occurred on Dec 22 ’23 and was made at $70.29 per share for $56230.0. Following the transaction, the insider now directly holds 25154.0 shares of the OKE stock.
Still, SEC filings show that on Jun 29 ’23, NORTON PIERCE (President & CEO) acquired 24,607 shares at an average price of $60.96 for $1.5 million. The insider now directly holds 42,017 shares of Oneok Inc. (OKE).
