South Bow Corp [SOBO] stock is trading at $24.02, down -2.87%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SOBO shares have gain 4.66% over the last week, with a monthly amount glided 2.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On October 08, 2024, Jefferies initiated with a Hold rating. Wolfe Research started tracking the stock assigning a Outperform rating.
South Bow Corp [SOBO] stock has fluctuated between $21.12 and $27.30 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. South Bow Corp [NYSE: SOBO] shares were valued at $24.02 at the most recent close of the market. An investor can expect a potential drop of -4.25% based on the average SOBO price forecast.
Analyzing the SOBO fundamentals
Gross Profit Margin for this corporation currently stands at None% with Operating Profit Margin at None%, Pretax Profit Margin comes in at None%, and Net Profit Margin reading is None%. To continue investigating profitability, this company’s Return on Assets is posted at None, Equity is None and Total Capital is None. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio ofNone.
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 23.72 points at the first support level, and at 23.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.58, and for the 2nd resistance point, it is at 25.14.
Ratios To Look Out For
For context, South Bow Corp’s Current Ratio is 1.08. Also, the Quick Ratio is 1.05, while the Cash Ratio stands at None.
Transactions by insiders
Recent insider trading involved Richard Prior, Senior Vice-President & COO, that happened on Dec 02 ’24 when 56546.0 shares were purchased. President and CEO, Bevin Wirzba completed a deal on Nov 25 ’24 to buy 0.32 million shares.
