Hydrogen Pipeline Market Estimated to Reach 25.7 billion by 2030 Globally, at a CAGR of 16.0, says MarketsandMarkets
TS Stock | USD 38.33 0.24 0.63% |
Slightly above 55% of Tenaris SA's investor base is interested to short. The analysis of overall sentiment of trading Tenaris SA ADR stock suggests that many investors are impartial at this time. Tenaris SA's investing sentiment can be driven by a variety of factors including economic data, Tenaris SA's earnings reports, geopolitical events, and overall market trends.
Tenaris |
Chicago, Dec. 20, 2023 -- The Hydrogen Pipeline Market is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0 percent from 2023 to 2030, as per the recent study by
Read at benzinga.com
Tenaris SA Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Tenaris SA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tenaris SA Fundamental Analysis
We analyze Tenaris SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenaris SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenaris SA 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
Tenaris SA 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.
Tenaris SA ADR 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 Tenaris SA stock to make a market-neutral strategy. Peer analysis of Tenaris SA could also be used in its relative valuation, which is a method of valuing Tenaris SA by comparing valuation metrics with similar companies.
Peers
Tenaris SA Related Equities
WHD | Cactus | 1.42 | ||||
FTI | TechnipFMC PLC | 1.16 | ||||
CHX | ChampionX | 0.81 | ||||
BKR | Baker Hughes | 0.78 | ||||
VTOL | Bristow | 0.74 | ||||
OII | Oceaneering International | 0.64 | ||||
SLB | Schlumberger | 0.64 | ||||
RES | RPC | 0.31 | ||||
NOV | NOV | 0.19 | ||||
HAL | Halliburton | 0.06 | ||||
WFRD | Weatherford International | 0.29 | ||||
DNOW | Now | 0.53 | ||||
RNGR | Ranger Energy | 1.02 |
Additional Tools for Tenaris Stock Analysis
When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.