Key Energy holds a
performance score of 13 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.8109, which conveys a somewhat significant risk relative to the market. Let's try to break down what Key Energy's beta means in this case. As returns on the market increase, returns on owning Key Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Key Energy is expected to outperform it. Although it is essential to pay attention to
Key Energy Services price patterns, it is also good to be reasonable about what you can do with equity historical
price patterns. Our philosophy towards estimating future potential of any stock is to look not only at its past charts but also at the business as a whole, including all
available fundamental and
technical indicators. To evaluate if Key Energy expected return of 31.67 will be sustainable into the future, we have found twenty-eight different
technical indicators, which can help you to check if the expected returns are sustainable. Use Key Energy Services
semi variance, as well as the
relationship between the daily balance of power and
price action indicator to analyze future returns on Key Energy Services.
Please consider monitoring Key Energy on a daily basis if you are holding a position in it. Key Energy is trading at a penny-stock level, and the possibility of delisting is much higher compared to other pink sheets. However, just because the pink sheet is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Key Energy stock to be traded above the $1 level to remain listed. If Key Energy pink sheet price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Key Energy technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Key Energy
financial leverage refers to using borrowed capital as a funding source to finance Key Energy Services ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Key Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Key Energy's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Key Energy's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Key Energy's total debt and its cash.
The current price rise of Key Energy Services may raise some interest from investors. The stock closed today at a share price of
0.25 on
2,449 in trading volume. The company management teams may have good odds in positioning the firm resources to exploit
market volatility in
January. The stock standard deviation of daily returns for 90 days investing horizon is currently 177.59. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Key Energy Services partners.
| 2021 | 2022 (projected) |
Long Term Debt to Equity | 4.77 | 5.14 | Interest Coverage | 0.63 | 0.65 |
Cost of Revenue Breakdown
Key Energy Cost of Revenue yearly trend continues to be fairly stable with very little volatility. Cost of Revenue is likely to outpace its year average in 2022. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Key Energy Cost of Revenue is fairly stable at the moment as compared to the past year. Key Energy reported Cost of Revenue of 300.12 Million in 2021
| 2013 | 1.11 Billion |
| 2014 | 1.06 Billion |
| 2015 | 714.64 Million |
| 2016 | 332.33 Million |
| 2018 | 406.4 Million |
| 2019 | 333.46 Million |
| 2021 | 300.12 Million |
| 2022 | 308.01 Million |
Over 3 percent rise for Key Energy. What does it mean for investors?
The treynor ratio is down to -6.48 as of today. Key Energy Services is displaying above-average volatility over the selected time horizon. Investors should scrutinize Key Energy Services independently to ensure intended market timing strategies are aligned with expectations about Key Energy volatility. Key Energy Services is a potential penny stock. Although Key Energy may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Key Energy Services. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Key Energy instrument if you perfectly time your entry and exit. However, remember that penny otcs that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
Our Conclusion on Key Energy
While some other companies within the oil & gas equipment & services industry are still a little expensive, even after the recent corrections, Key Energy may offer a potential longer-term growth to investors. Taking everything into account, as of the 26th of December 2022, our analysis shows that Key Energy responds to the market. The company is
undervalued and projects
low odds of financial turmoil for the next 2 years. However, our up-to-date 90 days Buy-Hold-Sell recommendation on the company is
Strong Sell.
Aina Ster is a Member of Macroaxis Editorial Board. Aina delivers weekly perspective on ongoing market and economic trends, analysis and tips from predictive analysis to forecasting across various financial instruments.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Aina Ster do not own shares of Key Energy Services. Please refer to our
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