At the end of the latest market close, Phillips 66 (PSX) was valued at $95.98. In that particular session, Stock kicked-off at the price of $92.00 while reaching the peak value of $94.03 and lowest value recorded on the day was $90.48. The stock current value is $90.51.Recently in News on June 15, 2022, Phillips 66 to Announce Second-Quarter Financial Results. Phillips 66 (NYSE: PSX) executive management will host a webcast at noon EDT on Friday, July 29, 2022, to discuss the company’s second-quarter 2022 financial results, which will be released earlier that day, and provide an update on strategic initiatives. 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 $111.28 on 06/08/22, with the lowest value was $72.89 for the same time period, recorded on 01/03/22.
Phillips 66 (PSX) full year performance was 2.89%
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 -18.66% during the 52-week period from high price, and 43.23% 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 $63.19 and $111.28.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 5080006 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 24.91%, having the revenues showcasing 13.44% 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 46.43B, as it employees total of 14000 workers.
The Analysts eye on Phillips 66 (PSX)
During the last month, 12 analysts gave the Phillips 66 a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 89.30, with a change in the price was noted +4.69. In a similar fashion, Phillips 66 posted a movement of +5.46% for the period of last 100 days, recording 4,537,610 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 0.66 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.59.
Technical rundown of Phillips 66 (PSX)
Raw Stochastic average of Phillips 66 in the period of last 50 days is set at 37.42%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 1.33%. In the last 20 days, the company’s Stochastic %K was 9.99% and its Stochastic %D was recorded 9.77%.
Considering, the past performance of Phillips 66, 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 24.91%. Additionally, trading for the stock in the period of the last six months notably improved by 30.36%, alongside a boost of 2.89% for the period of the last 12 months. The shares -13.08% in the 7-day charts and went down by -3.50% in the period of the last 30 days. Common stock shares were driven by 13.44% during last recorded quarter.