Core Laboratories Inc (NYSE: CLB) is -32.93% lower on its value in year-to-date trading and has touched a low of $10.14 and a high of $25.13 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 CLB stock was last observed hovering at around $11.10 in the last trading session, with the day’s gains setting it 0.51%.
Currently trading at $11.61, the stock is -2.46% and -13.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 4.59% at the moment leaves the stock -33.97% off its SMA200. CLB registered -27.80% loss for a year compared to 6-month loss of -40.58%.
The stock witnessed a -8.80% gain in the last 1 month and extending the period to 3 months gives it a -29.98%, and is -5.92% 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 4.56% over the week and 5.95% over the month.
Core Laboratories Inc (CLB) has around 3500 employees, a market worth around $544.28M and $517.80M in sales. Current P/E ratio is 19.80 and Fwd P/E is 12.60. Profit margin for the company is 5.41%. Distance from 52-week low is 14.44% and -53.80% from its 52-week high. The company has generated returns on investments over the last 12 months (6.65%).
The EPS is expected to shrink by -8.63% this year.
Core Laboratories Inc (CLB) Top Institutional Holders
The shares outstanding are 46.70M, and float is at 46.36M with Short Float at 16.53%.
The top institutional shareholder in the company is ARIEL INVESTMENTS, LLC with over 10.29 million shares valued at $208.83 million. The investor’s holdings represent 21.9415% of the CLB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.8 million shares valued at $158.22 million to account for 16.6241 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.53 million shares representing 11.7921% and valued at over $112.23 million, while DISCIPLINED GROWTH INVESTORS INC /MN holds 9.5095 of the shares totaling 4.46 million with a market value of $90.51 million.
Core Laboratories Inc (CLB) Insider Activity
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