After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted ChampionX Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Stocks Info
The company is listed on the NASDAQ and operates within the Oil & Gas Equipment & Services industry segment. At the end of the last regular session, the stock closed at $26.18 and fluctuated between $26.27 as its day high and $25.50 as its day low. The current market capitalization of ChampionX Corp. is $5.10B. A total of 1.79 million shares were traded on the day, compared to an average of 1.56M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CHX has seen 8 BUY and 0 SELL insider trades, representing the acquisition of 32,596 and the disposition of 0 shares. Over the last 12 months, there were 27 BUYs and 50 SELLs from insiders. Insiders purchased 477,435 shares during that period but sold 465,616.
In the most recent transaction, Bryant Deric D. sold 6,540 shares of CHX for 35.02 per share on Oct 03. After the transaction, the insider now owns 298,619 company shares. In a previous transaction on Oct 02, Bryant Deric D. sold 12,232 shares at 35.24 per share. CHX shares that the insider owns now total 305,159.
Among the insiders who sold shares, Bryant Deric D. disposed of 18,772 shares on Sep 01 at a per-share price of $37.07. This resulted in the insider holding 317,391 shares of CHX after the transaction. In another insider transaction, Bryant Deric D. sold 18,771 shares at $35.39 per share on Aug 01. Company shares held by the insider now total 336,163.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. ChampionX Corp. pays an annual dividend of $0.33, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 17.31. CHX’s most recent ex-dividend date was 1/4/2024 when it declared a $0.0850 quarterly dividend that was paid in cash on 1/26/2024. Previously, the company paid the dividend on 10/27/2023 with an ex-dividend date of 10/5/2023. The CHX stock dividend was $0.0850 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CHX has a high of $38.37 and a low of $23.66.
As of this writing, CHX has an earnings estimate of $Chesapeake Energy Corporation per share for the current quarter. EPS was calculated based on a consensus of Chevron Corporation estimates, with a high estimate of $CSX Corporation per share and a lower estimate of $L3Harris Technologies, Inc..
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CHX’s latest balance sheet shows that the firm has $251.68M in Cash & Short Term Investments as of fiscal 2021. There were $834.42M in debt and $802.33M in liabilities at the time. Its Book Value Per Share was $8.83, while its Total Shareholder’s Equity was $1.75B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CHX is Buy with a score of 4.50.
