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Phillips 66 (PSX) is offering a Buy-In Opportunity

At the end of the latest market close, Phillips 66 (PSX) was valued at $81.93. In that particular session, Stock kicked-off at the price of $81.13 while reaching the peak value of $83.85 and lowest value recorded on the day was $80.85. The stock current value is $83.22.Recently in News on September 12, 2022, Phillips 66 to Announce Third-Quarter Financial Results. Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Tuesday, Nov. 1, 2022, to discuss the company’s third-quarter 2022 financial results, which will be released earlier that day. 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.

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Phillips 66 (PSX) full year performance was 29.48%

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 -25.22% during the 52-week period from high price, and 31.70% 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 3474474 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 14.85%, having the revenues showcasing -13.29% 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 40.60B, as it employees total of 14000 workers.

Market experts do have their say about Phillips 66 (PSX)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 90.35, with a change in the price was noted +0.21. In a similar fashion, Phillips 66 posted a movement of +0.25% for the period of last 100 days, recording 3,751,235 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 0.53 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.51.

Technical breakdown of Phillips 66 (PSX)

Raw Stochastic average of Phillips 66 in the period of last 50 days is set at 39.32%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 28.83%. In the last 20 days, the company’s Stochastic %K was 20.21% and its Stochastic %D was recorded 14.68%.

Bearing in mind the latest performance of Phillips 66, several 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 14.85%. Additionally, trading for the stock in the period of the last six months notably improved by 3.21%, alongside a boost of 29.48% for the period of the last 12 months. The shares increased approximately by -3.41% in the 7-day charts and went up by -5.90% in the period of the last 30 days. Common stock shares were lifted by -13.29% during last recorded quarter.

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