Chevron Corporation (CVX) is priced at $109.83 after the most recent trading session. At the very opening of the session, the stock price was $107.80 and reached a high price of $109.82, prior to closing the session it reached the value of $109.47. The stock touched a low price of $107.80.
Recently in News on May 11, 2021, Chevron and Noble Midstream Partners LP Complete Merger Transaction. Chevron Corporation (NYSE: CVX) (“Chevron”) and Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream”) announced today that the companies have completed the previously announced acquisition, which resulted in Noble Midstream becoming an indirect, wholly-owned subsidiary of Chevron. You can read further details here
Chevron Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $113.11 on 05/10/21, with the lowest value was $83.89 for the same time period, recorded on 01/04/21.
Chevron Corporation (CVX) full year performance was 21.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Chevron Corporation shares are logging -2.90% during the 52-week period from high price, and 68.55% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $65.16 and $113.11.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 3055661 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Chevron Corporation (CVX) recorded performance in the market was 29.63%, having the revenues showcasing 18.28% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 205.69B, as it employees total of 47736 workers.
Chevron Corporation (CVX) in the eye of market guru’s
During the last month, 17 analysts gave the Chevron Corporation a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 99.08, with a change in the price was noted +23.82. In a similar fashion, Chevron Corporation posted a movement of +27.67% for the period of last 100 days, recording 10,348,676 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CVX is recording 0.34 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.31.
Chevron Corporation (CVX): Stocks Technical analysis and Trends
Raw Stochastic average of Chevron Corporation in the period of last 50 days is set at 75.33%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 75.33%. In the last 20 days, the company’s Stochastic %K was 65.90% and its Stochastic %D was recorded 59.17%.
If we look into the earlier routines of Chevron Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 29.63%. Additionally, trading for the stock in the period of the last six months notably improved by 32.76%, alongside a boost of 21.57% for the period of the last 12 months. The shares increased approximately by -0.50% in the 7-day charts and went down by 5.85% in the period of the last 30 days. Common stock shares were driven by 18.28% during last recorded quarter.