Should You Buy Liberty Oilfield Services Inc. (NYSE:LBRT) Right Now? Here’s How to Decide

Liberty Oilfield Services Inc. (NYSE:LBRT) The stock’s Relative Strength Index (RSI) is 46.88, with weekly volatility at 5.04% and ATR at 0.75. The LBRT stock’s 52-week price range has touched low of $2.40 and a $14.74 high. Its shares traded lower over the last trading session, losing -0.61% on 04/06/21. The shares fell to a low of $11.32 before closing at $11.38. Intraday shares traded counted 1.54 million, which was -22.54% lower than its 30-day average trading volume of 1.26M. LBRT’s previous close was $11.45 while the outstanding shares total 91.07M.

Investors have identified the Oil & Gas Equipment & Services company Liberty Oilfield Services 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 $1.97 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.

Liberty Oilfield Services Inc. (LBRT) 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 LBRT, the company has in raw cash 68.98 million on their books with 0.36 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 an incline. In terms of their assets, the company currently has 567.13 million total, with 356.15 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.52 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 LBRT sounds very interesting.

Is the stock of LBRT attractive?

In related news, Chairman of the Board & CEO, Wright Christopher A sold 15,000 shares of the company’s stock in a transaction that recorded on Apr 05. The sale was performed at an average price of 11.32, for a total value of 169,800. As the sale deal closes, the Chief Financial Officer, Stock Michael now sold 43,000 shares of the company’s stock, valued at 490,286. Also, Chairman of the Board & CEO, Wright Christopher A sold 3,500 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 12.84 per share, with a total market value of 44,940. Following this completion of acquisition, the Director, Riverstone/Carlyle Energy Part now holds 6,000,000 shares of the company’s stock, valued at 80,400,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.40%.

5 out of 14 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Liberty Oilfield Services Inc.. 1 analysts has assigned a Sell rating on the LBRT stock. The 12-month mean consensus price target for the company’s shares has been set at $12.85.

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