Payment of 29010 shares by Sivasankaran Somasundaram of ChampionX subject to Rule 16b-3
| CHX Stock | USD 31.21 2.06 7.07% |
Slightly above 55% of ChampionX's investors are presently thinking to get in. The analysis of overall sentiment of trading ChampionX stock suggests that some investors are interested at this time. 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 Corp director. Payment of exercise price or tax liability by delivering or withholding securities
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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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
ChampionX is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
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
| XPRO | Expro Group | 2.42 | ||||
| OII | Oceaneering International | 1.91 | ||||
| MRC | MRC Global | 1.69 | ||||
| HLX | Helix Energy | 1.68 | ||||
| RNGR | Ranger Energy | 1.14 | ||||
| DNOW | Now | 1.11 | ||||
| RES | RPC | 0.72 | ||||
| VTOL | Bristow | 0.47 | ||||
| BKR | Baker Hughes | 0.45 | ||||
| OIS | Oil States | 0.35 | ||||
| FTI | TechnipFMC PLC | 0.03 | ||||
| WHD | Cactus | 0.24 |
Additional Tools for ChampionX Stock Analysis
When running ChampionX's price analysis, check to measure ChampionX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.