Bristow Group Inc. (NYSE:VTOL) has a beta of 1.42. The stock’s Relative Strength Index (RSI) is 57.93, with weekly volatility at 3.78% and ATR at 1.39. The VTOL stock’s 52-week price range has touched low of $10.50 and a $35.91 high. Its shares traded higher over the last trading session, gaining 2.75% on 02/16/21. The shares fell to a low of $27.88 before closing at $28.44. Intraday shares traded counted 63686.0, which was 51.3% higher than its 30-day average trading volume of 130.78K. VTOL’s previous close was $27.68 while the outstanding shares total 28.95M.
Investors have identified the Oil & Gas Equipment & Services company Bristow Group 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 $854.62 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.
Bristow Group Inc. (VTOL) 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 VTOL, the company has in raw cash 297.83 million on their books with 48.07 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 675.89 million total, with 325.89 million as their total liabilities.
Is the stock of VTOL attractive?
In related news, 10% Owner, Solus Alternative Asset Manage sold 59,051 shares of the company’s stock in a transaction that recorded on Nov 19. The sale was performed at an average price of 21.84, for a total value of 1,289,445. As the sale deal closes, the 10% Owner, Solus Alternative Asset Manage now sold 40,636 shares of the company’s stock, valued at 948,338. Also, 10% Owner, Solus Alternative Asset Manage sold 41,364 shares of the company’s stock in a deal that was recorded on Nov 17. The shares were price at an average price of 23.15 per share, with a total market value of 957,591. Following this completion of acquisition, the 10% Owner, Solus Alternative Asset Manage now holds 352,919 shares of the company’s stock, valued at 8,107,550. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
1 out of 1 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Bristow Group Inc.. 0 analysts has assigned a Sell rating on the VTOL stock. The 12-month mean consensus price target for the company’s shares has been set at $39.00.