Disposition of 8855 shares by Robert Galloway of ChampionX at 25.79 subject to Rule 16b-3
| CHXDelisted Stock | USD 25.81 0.66 2.49% |
Slightly above 62% of ChampionX's investor base is looking to short. The analysis of the overall investor sentiment regarding ChampionX suggests that many traders are alarmed. ChampionX's investing sentiment can be driven by a variety of factors including economic data, ChampionX's earnings reports, geopolitical events, and overall market trends.
ChampionX |
Filed transaction by ChampionX Officer: Pres., Drilling Technologies. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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ChampionX Fundamental Analysis
We analyze ChampionX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ChampionX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ChampionX based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
ChampionX is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ChampionX Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ChampionX stock to make a market-neutral strategy. Peer analysis of ChampionX could also be used in its relative valuation, which is a method of valuing ChampionX by comparing valuation metrics with similar companies.
Peers
ChampionX Related Equities
| OII | Oceaneering International | 6.15 | ||||
| NOV | NOV | 5.30 | ||||
| RES | RPC | 4.82 | ||||
| WFRD | Weatherford International | 4.76 | ||||
| WHD | Cactus | 4.14 | ||||
| VTOL | Bristow | 2.86 | ||||
| MGY | Magnolia Oil | 1.34 | ||||
| LBRT | Liberty Oilfield | 1.36 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in ChampionX Stock
If you are still planning to invest in ChampionX check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ChampionX's history and understand the potential risks before investing.
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