TotalEnergies SE ADR (NYSE: TTE) is -8.31% lower on its value in year-to-date trading and has touched a low of $61.95 and a high of $74.97 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 TTE stock was last observed hovering at around $63.41 in the last trading session, with the day’s loss setting it -1.63%.
Currently trading at $61.78, the stock is -4.49% and -7.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing -2.57% at the moment leaves the stock -9.25% off its SMA200. TTE registered -7.72% loss for a year compared to 6-month loss of -14.37%. The firm has a 50-day simple moving average (SMA 50) of $66.6012 and a 200-day simple moving average (SMA200) of $68.0854.
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The stock witnessed a -9.43% gain in the last 1 month and extending the period to 3 months gives it a -7.46%, and is -2.82% 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 1.58% over the week and 1.16% over the month.
TotalEnergies SE ADR (TTE) has around 102579 employees, a market worth around $140.89B and $203.26B in sales. Current P/E ratio is 8.63 and Fwd P/E is 7.36. Profit margin for the company is 8.30%. Distance from 52-week low is -0.28% and -17.59% from its 52-week high. The company has generated returns on investments over the last 12 months (10.42%).
The EPS is expected to shrink by -14.36% this year
The shares outstanding are 2.35B, and float is at 2.28B with Short Float at 0.30%.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 22.67 million shares valued at $1.51 billion. The investor’s holdings represent 0.9591 of the TTE Shares outstanding. As of 2024-06-30, the second largest holder is ARISTOTLE CAPITAL MANAGEMENT, LLC with 13.64 million shares valued at $909.31 million to account for 0.5768 of the shares outstanding. The other top investors are FMR LLC which holds 12.12 million shares representing 0.5127 and valued at over $808.24 million, while WELLINGTON MANAGEMENT GROUP LLP holds 0.3526 of the shares totaling 8.34 million with a market value of $555.83 million.
TotalEnergies SE ADR (TTE) Insider Activity
The most recent transaction is an insider purchase by TotalEnergies SE, the company’s Director. SEC filings show that TotalEnergies SE bought 196,964 shares of the company’s common stock on Mar 28 ’24 at a price of $22.86 per share for a total of $4.5 million. Following the purchase, the insider now owns 0.3 million shares.
