Payment of 8654 shares by Sivasankaran Somasundaram of ChampionX subject to Rule 16b-3

CHX Stock  USD 25.79  0.14  0.54%   
Slightly above 66% of ChampionX's investor base is looking to short. The analysis of overall sentiment of trading ChampionX stock suggests that many investors are alarmed 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.
  
Filed transaction by Championx Corp director. Payment of exercise price or tax liability by delivering or withholding securities

Read at macroaxis.com
ChampionX insider trading alert for payment of common stock by Sivasankaran Somasundaram, President CEO, on 7th of June 2023. This event was filed by Championx Corp with SEC on 2023-06-07. Statement of changes in beneficial ownership - SEC Form 4. Sivasankaran Somasundaram currently serves as president, chief executive officer, director of ChampionX

Cash Flow Correlation

ChampionX's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the ChampionX's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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ChampionX Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards ChampionX 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.

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.

Debt To Equity

Debt To Equity Comparative Analysis

ChampionX is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

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

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FTITechnipFMC PLC   0.14   
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HLXHelix Energy   0.11   
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VTOLBristow   0.15   
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RESRPC   0.35   
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WHDCactus   0.42   
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MRCMRC Global   0.48   
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XPROExpro Group   0.78   
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RNGRRanger Energy   1.97   
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DNOWNow   4.80   
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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.