KLX Energy Services Holdings Inc [NASDAQ: KLXE] traded at a low on Wednesday, posting a -4.23 loss after which it closed the day’ session at $2.72.
The results of the trading session contributed to over 335239 shares changing hands. Over the past one week, the price volatility of KLX Energy Services Holdings Inc stands at 15.37% while the volatility over the past one month is 8.12%.
The market cap for KLXE stock reached $47.74 million, with 17.60 million shares outstanding and 14.63 million shares in the current float. Compared to the average trading volume of 219.73K shares, KLXE reached a trading volume of 335239 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about KLX Energy Services Holdings Inc [KLXE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KLXE shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KLXE stock is a recommendation set at 1.00. 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.
Gabelli & Co have made an estimate for KLX Energy Services Holdings Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 16, 2020. The new note on the price target was released on May 30, 2019, representing the official price target for KLX Energy Services Holdings Inc stock. Previously, the target price had yet another raise to $35, while Jefferies analysts kept a Buy rating on KLXE stock.
The Average True Range (ATR) for KLX Energy Services Holdings Inc is set at 0.29, with the Price to Sales ratio for KLXE stock in the period of the last 12 months amounting to 0.07.
How has KLXE stock performed recently?
KLX Energy Services Holdings Inc [KLXE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.99. With this latest performance, KLXE shares gained by 31.40% in over the last four-week period, additionally sinking by -43.57% over the last 6 months – not to mention a drop of -36.30% in the past year of trading.
KLX Energy Services Holdings Inc [KLXE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and KLX Energy Services Holdings Inc [KLXE] shares currently have an operating margin of -2.74% and a Gross Margin at 9.05%. KLX Energy Services Holdings Inc’s Net Margin is presently recorded at -8.54%.
Return on Equity for this stock declined to -13.42%, with Return on Assets sitting at -13.42%.
Insider trade positions for KLX Energy Services Holdings Inc [KLXE]
There are presently around $43.21%, or 45.60%% of KLXE stock, in the hands of institutional investors. The top three institutional holders of KLXE stocks are: GENDELL JEFFREY L with ownership of 1.67 million shares, which is approximately 10.3927%. VANGUARD GROUP INC, holding 0.65 million shares of the stock with an approximate value of $$3.24 million in KLXE stocks shares; and VANGUARD GROUP INC, currently with $$2.72 million in KLXE stock with ownership which is approximately 3.4161%.
