Shares of Eclipse Resources Corporation (NYSE:ECR) recorded 8.29% gain during trading session on January 10th, 2019. The script traded as low as $0.91 and last traded at $1.01. 3 million shares changed exchanged hands during trading, a drop of -112.69% from the 30-day average session volume of 1.41M shares. The firm had previously closed at $0.93. The company has $329.35M outstanding shares, price-to-earnings-growth ratio of 0.74 and a beta of 2.08. The company has a RSI of 52.49, ATR of 0.09 and a volatility of 9.45% this week. ECR has a 52 week low price of $0.74 and a 52 week high price of $2.63.
Investors have identified the tech company Eclipse Resources Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 332.64M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Eclipse Resources Corporation (ECR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ECR, the company has in raw cash 6.41 million on their books with 0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
ECR were able to record 118.1 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 10.81 million. In cash movements, the company had a total of 93.4 million as operating cash flow.
Potential earnings growth for Eclipse Resources Corporation (ECR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Eclipse Resources Corporation recorded a total of 130.12 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.30% coming in sequential stages and their sales for the third quarter increasing by 0.20%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 108.93 million trying to sell their products during the last quarter, with the result yielding a gross income of 21.19 million. This allows shareholders to hold on to 329.35M with the revenue now reading 56359000 cents per share.
Is the stock of ECR attractive?
In related news, Director Paterson Richard D sold 2,000 shares of the company’s stock in a transaction that recorded on December 11th, 2019. The sale was performed at an average price of 1.04, for a total value of 2,080. As the sale deal closes, the EVP & COO Paterson Richard D now sold 50,000 shares of the company’s stock, valued at 80,955. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
0 out of 11 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Eclipse Resources Corporation stock. 0 analysts has assigned a Sell rating on the ECR stock. The 12-month mean consensus price target for the company’s shares has been set at $1.98.