Magnolia Oil & Gas Corporation (MGY) Stock’s Ratio Analysis:
Long Term Debt/Equity ratio was recorded at 0. This measures a company’s financial leverage calculated by dividing its long term debt by stockholders’ equity. It indicates what proportion of equity and debt the company is using to finance its assets. On the other side the debt to equity ratio is 0. Its current ratio is 0. Current Ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations. Quick Ratio of 0 is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets. The higher the quick ratio, the better the position of the company.
Let’s consider Magnolia Oil & Gas Corporation (MGY) stock move that changed on Friday Dated AUGUST 31, 2018. 435358 shares changed at hands in last session versus to an average volume of 1185.55K shares. Magnolia Oil & Gas Corporation (MGY) stock ended at $13.86 by scoring -0.65%. It has 229.46M outstanding shares and 214.03M shares have been floated in market exchange. The stock institutional ownership included 40.20% while insider ownership remained 1.40%. The net percent change held by Institutional Investors has seen a change of 1.05% over last three month period.
Stock’s Price Fluctuations & Volatility:
The stock price registered volatility 2.45% in past week and volatility was at 2.93% over a last month. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. A security with high volatility has bigger fluctuations in price compared to a security with low volatility. The more quickly a price changes up and down, the more volatile it is. As such, volatility is often used as a measure of risk.
The stock’s Average True Range for 14 days was 0.41. ATR measures volatility, taking into account any gaps in the price movement. High ATR indicates increased volatility. A low ATR value indicates a series of periods with small ranges. Presently, (MGY) has a RSI reading of 67.36.
Magnolia Oil & Gas Corporation (MGY) Stock’s Moving Average & Performance Analysis:
The stock showed weekly performance of -0.50% and it maintained for the month at 7.44%. Likewise the performance for the quarter was recorded as 31.87%. The stock showed 42.89% performance during last 6-months. The YTD performance remained at 42.30%. This stock traded rising toward its 52 week low with 43.40% and -1.70% negative from its 52 week high price. The stock price is moving up from its 20 days moving average with 4.37% and it is trading above from 50 days moving average with 13.07%. The stock price is moving along up drift from its 200 days moving average with 31.01%.