Ultra stock: buy or sell?
September 26th, 2019
Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties.
Should I buy Ultra stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Ultra stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ultra Petroleum stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for UPL stock for the last 30 days.
Ultra stock analysis
After crossing up the simple moving average line of 200d yesterday, Ultra shares closed today at $1.15.
After crossing up the simple moving average line of 200 days yesterday, Ultra shares closed at $1.15, soared a 2.68%.
After boosting a dazzling 91.96% in a week early September, Ultra Petroleum closed this week at $1.15 and rose a decent 2.68%. Early August UPL plunged a spooky -88.89% in just one week.
Since price and SMA40w lines crossed up early September, UPL climbed $1.06 (1,177.78%).
Ultra stock price history
Ultra IPO was on April 11th, 2017 at $7.32 per share1. Since then, UPL stock declined a -84.30%, with a yearly average of -42.20%.
1: Adjusted price after possible price splits or reverse-splits.
Ultra stock historical price chart
UPL stock reached 52-week highs on November at $2.04, and all-time highs 2017-04-13 with a price of 15.73.
Ultra stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Ultra Petroleum stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, Ultra reported its latest financial data, posting an outstanding gain for the Earnings per Share (EPS) ratio. Experts were expecting $0.10 per share, but Ultra posted $0.14.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a neutral movement of 0.07% to $892.50 M dollars. On the other hand, its profit margin (compared to revenues) plummed to 9.55%, that is $85.21 million.
|2013||$933 M||-||$238 M25.5%||-|
|2014||$1,230 M||31.78%||$543 M44.1%||128.24%|
|2015||$839 M||-31.78%||$-3,207.22 M-382.2%||-690.81%|
|2016||$721 M||-14.06%||$56 M7.8%||-101.75%|
|2017||$892 M||23.68%||$177 M19.9%||215.47%|
|2018||$892 M||0.07%||$85 M9.5%||-51.90%|
Quarterly financial resultsUltra Petroleum posted $273.21 M in sales for 2018-Q4, a 34.07% improvement compared to previous quarter. Reported quarter earnings marked $39.71 M with a profit margin of 14.53%. Profit margin jumped a 5.42% compared to previous quarter when profit margin was 9.11%. When comparing sales to same quarter last year, Ultra sales marked a super good increase and boosted a 13.54%. Looking back to recent quarterly results, Ultra Petroleum posted 2 positive quarters in a row.
|2017-Q1||$221 M||-||$-90 M-40.6%||-|
|2017-Q2||$213 M||-3.76%||$499 M234.7%||-656.34%|
|2017-Q3||$218 M||2.34%||$-328 M-150.6%||-165.67%|
|2017-Q4||$241 M||10.57%||$96 M39.7%||-129.15%|
|2018-Q1||$225 M||-6.34%||$47 M21.1%||-50.28%|
|2018-Q2||$190 M||-15.63%||$-21 M-10.8%||-143.28%|
|2018-Q3||$204 M||7.17%||$19 M9.1%||-190.31%|
|2018-Q4||$273 M||34.07%||$40 M14.5%||113.89%|
Ultra ownershipWhen you are planning to buy a company, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ultra Petroleum, of all outstanding shares are owned by its staff.
The following table compares ownership indicators for other stocks related to Ultra:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, September 26th, 2019|
|Day range||$1.15 - $1.15|
|Average true range||$0.11|
|50d mov avg||$0.28|
|100d mov avg||$0.38|
|200d mov avg||$0.68|
Ultra performanceTo better understand Ultra Petroleum performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Ultra Petroleum performance to :