Monthly Drifts in Genesis Energy L.P. (GEL) Stock: A Closer Look

Genesis Energy L.P. [GEL] stock prices are up 0.07% to $13.86 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GEL shares have gain 3.28% over the last week, with a monthly amount glided 2.90%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On November 23, 2021, downgrade downgraded it’s rating to Equal Weight and revised its price target to $11 on the stock. Barclays downgraded its rating to a Equal Weight and increased its price target to $12 on October 14, 2021. Barclays upgraded its rating to a Overweight. UBS upgraded its rating to Buy for this stock on March 16, 2020, and downed its price target to $8. In a note dated February 20, 2020, UBS downgraded an Neutral rating on this stock and revised its target price from $21 to $15.

The stock price of Genesis Energy L.P. [GEL] has been fluctuating between $9.71 and $15.17 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Genesis Energy L.P. [NYSE: GEL] shares were valued at $13.86 at the most recent close of the market. An investor can expect a potential drop of -6.2% based on the average GEL price forecast.

Analyzing the GEL fundamentals

The Genesis Energy L.P. [NYSE:GEL] reported sales of 3.11B for trailing twelve months, representing a drop of -6.02%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.72 points at the first support level, and at 13.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.95, and for the 2nd resistance point, it is at 14.04.

Ratios To Look Out For

It’s worth pointing out that Genesis Energy L.P. [NYSE:GEL]’s Current Ratio is 1.09. Further, the Quick Ratio stands at 0.96, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 3.88.

Transactions by insiders

Recent insider trading involved Gaspard Garland G, Vice President, that happened on Aug 06 ’24 when 2261.0 shares were purchased. President & Chief Comm Officer, SIMS RYAN S completed a deal on Feb 29 ’24 to buy 1500.0 shares. Meanwhile, Vice President Gaspard Garland G bought 5264.0 shares on Nov 13 ’23.

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