Chesapeake Energy Corporation (NYSE:CHK) persists its position slightly strong in context of buying side, while shares price increased 1.93% during latest trading session. The billionaire investor Carl Icahn lowered his stake to 4.6% from 9.4% in the firm. Icahn stated that he reduced his position in the Oklahoma City-based natural gas and oil firm by over half in order “to recognize a capital loss for tax planning purposes,” the Fly reports. But Icahn acknowledged that Chesapeake CEO Doug Lawler has done an “admirable” job leading the firm, “especially in light of the circumstances.”
Separately, TheStreet Ratings objectively rated this stock according to its “risk-adjusted” total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer’s view or that of this articles’s author.
Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. Narrow down focus to other ratios, the co has current ratio of 0.30 that indicates if CHK lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.30, which indicates firm has sufficient short-term assets to cover its immediate liabilities.
Following previous ticker characteristics, The Dow Chemical Company (NYSE:DOW) also run on active notice, stock price inched down -0.34% after traded at $52.56 in most recent trading session.
DOW has price to earnings ratio of 7.98 and the price to current year EPS stands at 104.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 14.40%. The earning yield also gives right direction to lure investment, as the co has 3.50% dividend yield. Moving toward ratio analysis, it has current ratio of 2.00 and quick ratio was calculated as 1.40. The debt to equity ratio appeared as 0.86 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 1.16% for a week and 1.30% for a month. The price volatility’s Average True Range for 14 days was 0.74. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.20 out of 1-5 scale with week’s performance of -0.55%. DOW’s institutional ownership was registered as 69.00%, while insider ownership was 0.10%.