Statoil ASA (STO) Moving On Heavy Volume In The Pre-Market Hours
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Statoil ASA as such a stock due to the following factors:
- STO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $64.0 million.
- STO traded 1.2 million shares today in the pre-market hours as of 8:26 AM, representing 32.7% of its average daily volume.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in STO with the Ticky from Trade-Ideas. See the FREE profile for STO NOW at Trade-Ideas
More details on STO:
Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The stock currently has a dividend yield of 8.7%. STO has a PE ratio of 5.6. Currently there are 2 analysts that rate Statoil ASA a buy, 1 analyst rates it a sell, and 4 rate it a hold.
The average volume for Statoil ASA has been 3.3 million shares per day over the past 30 days. Statoil ASA has a market cap of $54.0 billion and is part of the basic materials sector and energy industry. Shares are down 2.9% year-to-date as of the close of trading on Thursday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates Statoil ASA as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.
Highlights from the ratings report include:
- The current debt-to-equity ratio, 0.54, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.26, which illustrates the ability to avoid short-term cash problems.
- 40.18% is the gross profit margin for STATOIL ASA which we consider to be strong. Regardless of STO's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, STO's net profit margin of -19.19% significantly underperformed when compared to the industry average.
- Net operating cash flow has decreased to $1,513.02 million or 33.51% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, STATOIL ASA's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- You can view the full Statoil ASA Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
null