Risk-Taking Investors May Find Battalion Oil Corp (AMEX: BATL) Worth A Gamble.

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In the last trading session, 87668.0 shares of the Battalion Oil Corp (AMEX:BATL) were traded, and its beta was 1.10. Most recently the company’s share price was $1.94, and it changed around $0.04 or 2.11% from the last close, which brings the market valuation of the company to $31.93M. BATL currently trades at a discount to its 52-week high of $9.66, offering almost -397.94% off that amount. The share price’s 52-week low was $1.31, which indicates that the current value has risen by an impressive 32.47% since then. We note from Battalion Oil Corp’s average daily trading volume that its 10-day average is 0.14 million shares, with the 3-month average coming to 134.30K.

Battalion Oil Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended BATL as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Battalion Oil Corp is expected to report earnings per share of 0 for the current quarter.

Battalion Oil Corp (AMEX:BATL) trade information

Instantly BATL has showed a green trend with a performance of 2.11% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.3200 on recent trading dayincreased the stock’s daily price by 16.38%. The company’s shares are currently up 12.79% year-to-date, but still up 10.23% over the last five days. On the other hand, Battalion Oil Corp (AMEX:BATL) is -35.55% down in the 30-day period. We can see from the shorts that 0.37 million shares have been sold at a short interest cover period of 1.92 day(s).

BATL Dividends

Battalion Oil Corp’s next quarterly earnings report is expected to be released in February.

Battalion Oil Corp (AMEX:BATL)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.73% of Battalion Oil Corp shares, and 81.01% of them are in the hands of institutional investors. The stock currently has a share float of 81.61%. Battalion Oil Corp stock is held by 40.0 institutions, with LUMINUS MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 37.3789% of the shares, which is about 6.15 million shares worth $20.55 million.

OAKTREE CAPITAL MANAGEMENT LP, with 18.2896% or 3.01 million shares worth $10.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Loomis Sayles Bond Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 223.43 shares worth $0.43 million, making up 1.38% of all outstanding shares. On the other hand, Loomis Sayles Bond Fund held roughly 93.58 shares worth around $0.18 million, which represents about 0.58% of the total shares outstanding.