StoneMor Inc. (NYSE:STON) shares fell to a low of $2.80 before closing at $2.89. Intraday shares traded counted 0.12 million, which was 70.05% higher than its 30-day average trading volume of 407.45K. STON’s previous close was $2.92 while the outstanding shares total 97.57M. The firm has a beta of 1.06. The stock’s Relative Strength Index (RSI) is 49.26, with weekly volatility at 6.70% and ATR at 0.24. The STON stock’s 52-week price range has touched low of $0.46 and a $3.71 high. The stock traded lower over the last trading session, losing -1.03% on 02/11/21.
Investors have identified the Personal Services company StoneMor Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $354.26 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
StoneMor Inc. (STON) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For STON, the company has in raw cash 64.6 million on their books with 1.14 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 174.27 million total, with 78.59 million as their total liabilities.
Is the stock of STON attractive?
In related news, Director, Miller David bought 4,070 shares of the company’s stock in a transaction that recorded on Nov 30. The purchase was performed at an average price of 1.45, for a total value of 5,902. As the purchase deal closes, the Director, Miller David now bought 28,917 shares of the company’s stock, valued at 37,511. Also, Director, Miller David bought 2,500 shares of the company’s stock in a deal that was recorded on Nov 24. The shares were cost at an average price of 1.30 per share, with a total market value of 3,250. Following this completion of disposal, the Director, Negrotti Stephen J. now holds 10,050 shares of the company’s stock, valued at 10,151. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.60%.