Battalion Oil Corp [BATL] stock prices are down -0.84% to $1.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BATL shares have gain 11.85% over the last week, with a monthly amount drifted -11.28%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Battalion Oil Corp [AMEX: BATL] stock has seen the most recent analyst activity on April 04, 2023, when ROTH MKM downgraded its rating to a Neutral but kept the price target unchanged to $28 for it. Previously, ROTH Capital started tracking the stock with Buy rating on August 29, 2022, and set its price target to $28.
The stock price of Battalion Oil Corp [BATL] has been fluctuating between $1.02 and $6.89 over the past year. Battalion Oil Corp [AMEX: BATL] shares were valued at $1.18 at the most recent close of the market.
Analyzing the BATL fundamentals
The Battalion Oil Corp [AMEX:BATL] reported sales of 184.56M for trailing twelve months, representing a drop of -13.26%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.16.
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 1.0967 points at the first support level, and at 1.0133 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2767, and for the 2nd resistance point, it is at 1.3733.
Ratios To Look Out For
It’s worth pointing out that Battalion Oil Corp [AMEX:BATL]’s Current Ratio is 0.93. On the other hand, the Quick Ratio is 0.93, and the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 0.11.
