During the last session, SandRidge Energy Inc. (NYSE:SD)’s traded shares were 1.13 million, with the beta value of the company hitting 2.27. At the end of the trading day, the stock’s price was $18.01, reflecting an intraday loss of -8.16% or -$1.6. The 52-week high for the SD share is $29.28, that puts it down -62.58 from that peak though still a striking 72.79% gain since the share price plummeted to a 52-week low of $4.90. The company’s market capitalization is $720.40M, and the average intraday trading volume over the past 10 days was 1.26 million shares, and the average trade volume was 992.83K shares over the past three months.
SandRidge Energy Inc. (NYSE:SD) trade information
SandRidge Energy Inc. (SD) registered a -8.16% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.16% in intraday trading to $18.01 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -17.76%, and it has moved by -9.59% in 30 days. Based on these gigs, the overall price performance for the year is 186.33%. The short interest in SandRidge Energy Inc. (NYSE:SD) is 0.9 million shares and it means that shorts have 1.07 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.62, which implies a decrease of -172.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.62 and $6.62 respectively. As a result, SD is trading at a premium of 63.24% off the target high and 63.24% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -44.10%. While earnings are projected to return 140.30% in 2022, the next five years will return 5.00% per annum.
SandRidge Energy Inc. is due to release its next quarterly earnings between March 01 and March 07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SandRidge Energy Inc. (NYSE:SD)’s Major holders
SandRidge Energy Inc. insiders own 1.40% of total outstanding shares while institutional holders control 64.31%, with the float percentage being 65.22%. Icahn, Carl, C. is the largest shareholder of the company, while 144 institutions own stock in it. As of Dec 30, 2021, the company held over 4.82 million shares (or 13.12% of all shares), a total value of $50.4 million in shares.
The next largest institutional holding, with 1.4 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 3.82% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $14.69 million.
Also, the Mutual Funds coming in first place with the largest holdings of SandRidge Energy Inc. (SD) shares are Vanguard Total Stock Market Index Fund and Fidelity Strategic Advisors Small-Mid Cap Fund. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 0.92 million shares. This amounts to just over 2.51 percent of the company’s overall shares, with a $9.62 million market value. The same data shows that the other fund manager holds slightly less at 0.48 million, or about 1.30% of the stock, which is worth about $6.4 million.