BRY Stock Summary and Trading Ideas (Berry (Bry) | NASDAQ:BRY)

Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segments includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.

Berry (Bry) trades on the NASDAQ stock market under the symbol BRY.

As of April 19, 2024, BRY stock price climbed to $8.41 with 539,398 million shares trading.

BRY has a beta of 0.04, meaning it tends to be less sensitive to market movements. BRY has a correlation of 0.00 to the broad based SPY ETF.

BRY has a market cap of $641.96 million. This is considered a Small Cap stock.

Last quarter Berry (Bry) reported $300 million in Revenue and $.13 earnings per share. This beat revenue expectation by $118 million and missed earnings estimates by -$.11.

In the last 3 years, BRY stock traded as high as $12.85 and as low as $4.72.

The top ETF exchange traded funds that BRY belongs to (by Net Assets): IWM, VTI, DIV, XOP, AVUV.

BRY stock has underperformed the market in the last year with a return of +11.8%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BRY shares. However, BRY has outperformed the market in the last 3 month and 2 week periods, returning +35.4% and -2.7%, while SPY returned +4.3% and -3.5%, respectively. This indicates BRY has been having a stronger performance recently.

BRY support price is $8.14 and resistance is $8.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BRY stock will trade within this expected range on the day.