Sandridge Energy Inc (NYSE: SD) is 6.58% higher on its value in year-to-date trading and has touched a low of $10.31 and a high of $15.31 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 SD stock was last observed hovering at around $12.61 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $12.48, the stock is 7.10% and 7.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.25 million and changing -1.03% at the moment leaves the stock -1.55% off its SMA200. SD registered -0.67% loss for a year compared to 6-month loss of -6.73%. The firm has a 50-day simple moving average (SMA 50) of $11.5922 and a 200-day simple moving average (SMA200) of $12.67695.
The stock witnessed a 12.43% gain in the last 1 month and extending the period to 3 months gives it a 7.31%, and is 1.71% 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 2.32% over the week and 3.12% over the month.
Sandridge Energy Inc (SD) has around 102 employees, a market worth around $464.43M and $120.24M in sales. Current P/E ratio is 9.83 and Fwd P/E is 5.97. Profit margin for the company is 39.25%. Distance from 52-week low is 21.05% and -18.48% from its 52-week high. The company has generated returns on investments over the last 12 months (10.56%).
with sales reaching $50.27M over the same period.The EPS is expected to shrink by -39.78% this year.
Sandridge Energy Inc (SD) Top Institutional Holders
228.0 institutions hold shares in Sandridge Energy Inc (SD), with institutional investors hold 71.59% of the company’s shares. The shares outstanding are 37.20M, and float is at 31.64M with Short Float at 2.29%. Institutions hold 70.15% of the Float.
The top institutional shareholder in the company is ICAHN CARL C with over 4.82 million shares valued at $62.31 million. The investor’s holdings represent 13.0091% of the SD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.4 million shares valued at $31.06 million to account for 6.486 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.16 million shares representing 5.8231% and valued at over $27.89 million, while RENAISSANCE TECHNOLOGIES LLC holds 4.1151 of the shares totaling 1.52 million with a market value of $19.71 million.
Sandridge Energy Inc (SD) Insider Activity
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