WKC

World Kinect Corporation

Consumer Defensive · Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
$29.00+1.23% today
AI Take · AlgoThesis

World Kinect trades at its 52-week high with an RSI of 63.2, suggesting momentum is stretched but not yet overbought territory. The 17.92% short float is notably elevated—nearly double typical levels—creating potential squeeze dynamics if sentiment shifts. The absence of a P/E ratio indicates the company may be unprofitable or experiencing earnings disruption, which is concerning for a $1.5B cap in the defensive petroleum wholesale sector. This combination of extended valuations, high short interest, and profitability questions presents a precarious setup: there's squeeze risk if catalysts emerge, but the fundamental picture remains murky without clarity on earnings trajectory.

Snapshot

Market cap
$1.5B
P/E
Forward P/E
11.4
EPS (TTM)
$-10.18
Dividend yield
2.92%
Net margin
-1.5%
ROE
-39.7%
RSI (14)
63
Beta
0.63
Short % of float
17.9%
Days to cover
6.8
52w high
Yes

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WKC — World Kinect Corporation · 17.9% short · AlgoThesis