Calumet Inc. (NASDAQ: CLMT) is -18.80% lower on its value in year-to-date trading and has touched a low of $11.91 and a high of $19.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLMT stock was last observed hovering at around $15.64 in the last trading session, with the day’s loss setting it -1.13%.
Currently trading at $14.51, the stock is -10.51% and -9.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -7.23% at the moment leaves the stock -9.37% off its SMA200. CLMT registered -10.49% loss for a year compared to 6-month loss of -11.79%.
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The stock witnessed a -10.76% gain in the last 1 month and extending the period to 3 months gives it a -4.03%, and is -14.50% 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 4.62% over the week and 3.15% over the month.
Calumet Inc. (CLMT) has around 1580 employees, a market worth around $1.25B and $4.15B in sales. Profit margin for the company is -0.12%. Distance from 52-week low is 21.83% and -27.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.33%).
The EPS is expected to shrink by -280.71% this year
The shares outstanding are 79.97M, and float is at 67.89M with Short Float at 1.83%.
Calumet Inc. (CLMT) Insider Activity
The most recent transaction is an insider sale by Morical Gregory J, the company’s SVP, GENERAL COUNSEL. SEC filings show that Morical Gregory J sold 11,111 shares of the company’s common stock on May 15 ’24 at a price of $15.04 per share for a total of $0.17 million. Following the sale, the insider now owns 33845.0 shares.
Calumet Inc. disclosed in a document filed with the SEC on Jan 18 ’24 that Mawer Stephen P (Director) sold a total of 15,037 shares of the company’s common stock. The trade occurred on Jan 18 ’24 and was made at $17.87 per share for $0.27 million. Following the transaction, the insider now directly holds 0.17 million shares of the CLMT stock.
Still, SEC filings show that on Oct 19 ’23, Willman Ryan (Chief Accounting Officer) disposed off 1,000 shares at an average price of $19.00 for $19000.0. The insider now directly holds 7,361 shares of Calumet Inc. (CLMT).
