ONE Gas Inc. (NYSE:OGS) previous close was $73.35 while the outstanding shares total 53.19M. The firm has a beta of 0.39, a 12-month trailing P/E ratio of 20.46, and a growth ratio of 4.09. OGS’s shares traded lower over the last trading session, losing -0.90% on 02/12/21. The shares fell to a low of $72.08 before closing at $72.69. Intraday shares traded counted 0.14 million, which was 47.91% higher than its 30-day average trading volume of 267.38K. The stock’s Relative Strength Index (RSI) is 46.72, with weekly volatility at 1.83% and ATR at 1.75. The OGS stock’s 52-week price range has touched low of $63.67 and a $96.97 high.
Investors have identified the Utilities – Regulated Gas company ONE Gas 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 $3.89 billion, 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.
ONE Gas Inc. (OGS) 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. In terms of their assets, the company currently has 369.7 million total, with 575.71 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.83 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on OGS sounds very interesting.
Is the stock of OGS attractive?
In related news, Director, RODRIGUEZ EDUARDO A sold 870 shares of the company’s stock in a transaction that recorded on Sep 29. The sale was performed at an average price of 68.49, for a total value of 59,586. As the sale deal closes, the Director, Hart Tracy E now bought 400 shares of the company’s stock, valued at 27,868. Also, See Remarks, Husen Jeffrey J sold 700 shares of the company’s stock in a deal that was recorded on Aug 12. The shares were price at an average price of 77.61 per share, with a total market value of 54,327. Following this completion of acquisition, the Director, GIBSON JOHN WILLIAM now holds 3,417 shares of the company’s stock, valued at 248,240. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.75%.
4 out of 8 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on ONE Gas Inc.. 1 analysts has assigned a Sell rating on the OGS stock. The 12-month mean consensus price target for the company’s shares has been set at $78.50.