Battalion Oil Corp [AMEX: BATL] closed the trading session at $2.74.
The stocks have a year to date performance of 59.30 percent and weekly performance of 106.20 percent. The stock has been moved at -13.29 percent over the last six months. The stock has performed 110.77 percent around the most recent 30 days and changed 132.20 percent over the most recent 3-months.
If compared to the average trading volume of 152.47K shares, BATL reached to a volume of 44126655 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Battalion Oil Corp [BATL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BATL shares is $18.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BATL stock is a recommendation set at 3.00. 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.
ROTH MKM have made an estimate for Battalion Oil Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 04, 2023. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on August 29, 2022, representing the official price target for Battalion Oil Corp stock.
The Average True Range (ATR) for Battalion Oil Corp is set at 0.24, with the Price to Sales ratio for BATL stock in the period of the last 12 months amounting to 0.24.
BATL stock trade performance evaluation
Battalion Oil Corp [BATL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 106.20. With this latest performance, BATL shares gained by 110.77% in over the last four-week period, additionally sinking by -13.29% over the last 6 months – not to mention a drop of -48.30% in the past year of trading.
Battalion Oil Corp [BATL]: An insightful look at the core fundamentals
Battalion Oil Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.16 and a Current Ratio set at 1.16.
Battalion Oil Corp [BATL]: Institutional Ownership
The top three institutional holders of BATL stocks are: LUMINUS MANAGEMENT LLC with ownership of 6.15 million shares, which is approximately 37.3789%. OAKTREE CAPITAL MANAGEMENT LP, holding 3.01 million shares of the stock with an approximate value of $$10.05 million in BATL stocks shares; and OAKTREE CAPITAL MANAGEMENT LP, currently with $$7.92 million in BATL stock with ownership which is approximately 14.3998%.
