Previous Close | 28.30 |
Open | 24.67 |
Bid | 22.45 x 1000 |
Ask | 23.30 x 800 |
Day's Range | 22.03 - 25.17 |
52 Week Range | 10.11 - 28.67 |
Volume | |
Avg. Volume | 812,422 |
Market Cap | 1.44B |
Beta (5Y Monthly) | 0.26 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -2.82 |
Earnings Date | Aug 13, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 27.00 |
HOUSTON, September 20, 2024--Sable Offshore Corp. Announces $150 Million Private Placement of Shares and Update on Warrant Exercises
In a market environment where major U.S. indices have recently faced downturns amid concerns over economic health and high-profile tech stock declines, investors are increasingly looking for resilient opportunities. One promising avenue is growth companies with high insider ownership, which often signals confidence from those closest to the business and can be particularly compelling when these firms are also demonstrating strong revenue growth.
As U.S. stocks continue to climb, buoyed by encouraging economic data and strong earnings reports, investors are increasingly looking for growth opportunities in companies with significant insider ownership. High insider ownership can be a positive indicator, suggesting that those closest to the company have confidence in its future prospects.