ChampionX Corp. (NASDAQ: CHX) is 15.99% higher on its value in year-to-date trading and has touched a low of $24.98 and a high of $39.95 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 CHX stock was last observed hovering at around $34.03 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $33.88, the stock is -4.15% and -2.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing -0.44% at the moment leaves the stock 3.92% off its SMA200. CHX registered 24.93% gain for a year compared to 6-month gain of 12.37%.
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The stock witnessed a -12.21% loss in the last 1 month and extending the period to 3 months gives it a 16.79%, and is 2.05% up 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 1.52% over the week and 2.29% over the month.
ChampionX Corp. (CHX) has around 7100 employees, a market worth around $6.45B and $3.73B in sales. Current P/E ratio is 18.40 and Fwd P/E is 14.30. Profit margin for the company is 9.74%. Distance from 52-week low is 35.63% and -15.19% from its 52-week high. The company has generated returns on investments over the last 12 months (15.27%).
The EPS is expected to grow by 9.35% this year
The shares outstanding are 191.10M, and float is at 188.92M with Short Float at 3.12%.
ChampionX Corp. (CHX) Insider Activity
The most recent transaction is an insider sale by O’Dell William Jr., the company’s. SEC filings show that O’Dell William Jr. sold 27,178 shares of the company’s common stock on Mar 28 ’24 at a price of $36.00 per share for a total of $0.98 million. Following the sale, the insider now owns 57748.0 shares.
ChampionX Corp. disclosed in a document filed with the SEC on Oct 03 ’23 that Bryant Deric D. () sold a total of 6,540 shares of the company’s common stock. The trade occurred on Oct 03 ’23 and was made at $35.02 per share for $0.23 million. Following the transaction, the insider now directly holds 0.3 million shares of the CHX stock.
Still, SEC filings show that on Oct 02 ’23, Bryant Deric D. () disposed off 12,232 shares at an average price of $35.24 for $0.43 million. The insider now directly holds 305,159 shares of ChampionX Corp. (CHX).
