At the time of writing, Battalion Oil Corp [BATL] stock is trading at $1.64, up 14.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BATL shares have gain 22.39% over the last week, with a monthly amount glided 22.39%, and 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.
For the past year, the stock price of Battalion Oil Corp fluctuated between $1.05 and $6.89. Battalion Oil Corp [AMEX: BATL] shares were valued at $1.64 at the most recent close of the market.
Analyzing the BATL fundamentals
According to Battalion Oil Corp [AMEX:BATL], the company’s sales were 191.07M for trailing twelve months, which represents an -4.33% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.36 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -13.0.
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 1.3334 points at the first support level, and at 1.0267 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9133, and for the 2nd resistance point, it is at 2.1865.
Ratios To Look Out For
It is important to note that Battalion Oil Corp [AMEX:BATL] has a current ratio of 1.16. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.77. Considering the valuation of this stock, the price to sales ratio is 0.14.
