Trade-Ideas LLC identified

Statoil ASA

(

STO

) as a strong and under the radar 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 $45.2 million.
  • STO has traded 211.328000000000002955857780762016773223876953125 options contracts today.
  • STO is making at least a new 3-day high.
  • STO has a PE ratio of 5.
  • STO is mentioned 1.90 times per day on StockTwits.
  • STO has not yet been mentioned on StockTwits today.
  • STO is currently in the upper 20% of its 1-year range.
  • STO is in the upper 35% of its 20-day range.
  • STO is in the upper 45% of its 5-day range.
  • STO is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on STO:

Statoil ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The stock currently has a dividend yield of 4.3%. STO has a PE ratio of 5. Currently there is 1 analyst that rates Statoil ASA a buy, 2 analysts rate it a sell, and 2 rate it a hold.

The average volume for Statoil ASA has been 2.7 million shares per day over the past 30 days. Statoil ASA has a market cap of $51.5 billion and is part of the basic materials sector and energy industry. Shares are up 12.5% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Statoil ASA as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 113.8% when compared to the same quarter one year prior, rising from -$4,409.23 million to $607.00 million.
  • STATOIL ASA reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, STATOIL ASA swung to a loss, reporting -$1.33 versus $0.92 in the prior year. This year, the market expects an improvement in earnings ($0.43 versus -$1.33).
  • Net operating cash flow has decreased to $2,205.00 million or 38.99% when compared to the same quarter last year. Despite a decrease in cash flow STATOIL ASA is still fairing well by exceeding its industry average cash flow growth rate of -49.84%.
  • STO is off 5.29% from its price level of one year ago, reflecting the general market trend and ignoring their higher earnings per share compared to the year-earlier quarter. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.

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