ChampionX Holding Inc. [NYSE: CHX] slipped around -0.13 points on Monday, while shares priced at $10.29 at the close of the session, down -1.25%. ChampionX Holding Inc. stock is now -69.54% down from its year-to-date (YTD) trading value. CHX Stock saw the intraday high of $10.555 and lowest of $9.74 per share. The company’s 52-week high price is 34.80, which means current price is +256.06% above from all time high which was touched on 01/03/20.
Compared to the average trading volume of 5.50M shares, CHX reached a trading volume of 5242527 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about ChampionX Holding Inc. [CHX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHX shares is $12.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHX stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for ChampionX Holding Inc. is set at 0.94, with the Price to Sales ratio for CHX stock in the period of the last 12 months amounting to 1.94. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 0.26. Price to Free Cash Flow for CHX in the course of the last twelve months was 16.59 with Quick ratio for the last quarter at 1.50.
How has CHX stock performed recently?
ChampionX Holding Inc. [CHX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -25.16. With this latest performance, CHX shares gained by 18.96% in over the last four-week period, additionally sinking by -64.65% over the last 6 months – not to mention a drop of -66.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CHX stock in for the last two-week period is set at 53.35, with the RSI for the last a single of trading hit 47.77, and the three-weeks RSI is set at 50.97 for ChampionX Holding Inc. [CHX]. The present Moving Average for the last 50 days of trading for this stock 9.11, while it was recorded at 11.14 for the last single week of trading, and 20.62 for the last 200 days.
ChampionX Holding Inc. [CHX]: Deeper insight into the fundamentals
ChampionX Holding Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.50.
Earnings analysis for ChampionX Holding Inc. [CHX]
With the latest financial reports released by the company, ChampionX Holding Inc. posted 0.35/share EPS, while the average EPS was predicted by analysts to be reported at 0.33/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ChampionX Holding Inc. go to -8.70%.
Insider trade positions for ChampionX Holding Inc. [CHX]
There are presently around $765 million, or 36.10% of CHX stock, in the hands of institutional investors. The top three institutional holders of CHX stocks are: VANGUARD GROUP INC with ownership of 7,637,723, which is approximately 5.667% of the company’s market cap and around 0.60% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 6,919,619 shares of the stock with an approximate value of $72.1 million in CHX stocks shares; and BLACKROCK INC., currently with $71.3 million in CHX stock with ownership of nearly -2.641% of the company’s market capitalization.
128 institutional holders increased their position in ChampionX Holding Inc. [NYSE:CHX] by around 17,949,425 shares. Additionally, 152 investors decreased positions by around 19,192,351 shares, while 72 investors held positions by with 36,318,334 shares. The mentioned changes placed institutional holdings at 73,460,110 shares, according to the latest SEC report filing. CHX stock had 35 new institutional investments in for a total of 5,263,455 shares, while 72 institutional investors sold positions of 6,414,289 shares during the same period.