Gibson Energy Inc. (OTCMKTS:GBNXF - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 4,482,400 shares, an increase of 49.5% from the September 15th total of 2,997,600 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 830.1 days.
Wall Street Analyst Weigh In
Separately, Raymond James raised shares of Gibson Energy to a "strong-buy" rating in a research note on Thursday.
Read Our Latest Analysis on GBNXF
Gibson Energy Price Performance
Shares of GBNXF traded up $0.14 during trading hours on Friday, hitting $17.05. 5,002 shares of the stock were exchanged, compared to its average volume of 24,392. The stock's 50-day moving average price is $16.19 and its two-hundred day moving average price is $16.45. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.18. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 21.58 and a beta of 0.94. Gibson Energy has a 12-month low of $13.13 and a 12-month high of $17.75.
Gibson Energy (OTCMKTS:GBNXF - Get Free Report) last announced its earnings results on Monday, July 29th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. Gibson Energy had a net margin of 1.41% and a return on equity of 20.52%. The company had revenue of $2.36 billion for the quarter. Research analysts expect that Gibson Energy will post 1 earnings per share for the current year.
About Gibson Energy
(
Get Free Report)
Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.
Further Reading
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