For the readers interested in the stock health of Phillips 66 (PSX). It is currently valued at $65.24. When the transactions were called off in the previous session, Stock hit the highs of $68.04, after setting-off with the price of $67.82. Company’s stock value dipped to $64.95 during the trading on the day. When the trading was stopped its value was $67.26.Recently in News on September 7, 2021, Phillips 66 Contributes a Total of $1 Million to American Red Cross for Ida Relief Efforts. The company announces an additional $500,000 contribution after the storm’s remnants hit the Northeast . You can read further details here
Phillips 66 had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $94.34 on 06/10/21, with the lowest value was $64.45 for the same time period, recorded on 08/20/21.
Phillips 66 (PSX) full year performance was 11.77%
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, Phillips 66 shares are logging -30.85% during the 52-week period from high price, and 50.77% 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 $43.27 and $94.34.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 3539704 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Phillips 66 (PSX) recorded performance in the market was -6.72%, having the revenues showcasing -29.16% 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 28.73B, as it employees total of 14300 workers.
Specialists analysis on Phillips 66 (PSX)
During the last month, 10 analysts gave the Phillips 66 a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 6 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 79.57, with a change in the price was noted -9.71. In a similar fashion, Phillips 66 posted a movement of -12.96% for the period of last 100 days, recording 2,971,160 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 PSX is recording 0.85 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.71.
Trends and Technical analysis: Phillips 66 (PSX)
Raw Stochastic average of Phillips 66 in the period of last 50 days is set at 3.35%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 8.73%. In the last 20 days, the company’s Stochastic %K was 19.38% and its Stochastic %D was recorded 21.52%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -6.72%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -23.18%, alongside a boost of 11.77% for the period of the last 12 months. The shares increased approximately by -5.09% in the 7-day charts and went up by -11.71% in the period of the last 30 days. Common stock shares were lifted by -29.16% during last recorded quarter.