For the readers interested in the stock health of Baker Hughes Company (BKR). It is currently valued at $28.14. When the transactions were called off in the previous session, Stock hit the highs of $28.965, after setting-off with the price of $28.34. Company’s stock value dipped to $27.80 during the trading on the day. When the trading was stopped its value was $29.07.
Baker Hughes Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $39.78 on 03/24/22, with the lowest value was $20.42 for the same time period, recorded on 09/26/22.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Baker Hughes Company (BKR) full year performance was -23.41%
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, Baker Hughes Company shares are logging -29.26% during the 52-week period from high price, and 37.84% 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 $20.42 and $39.78.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 8660619 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 Baker Hughes Company (BKR) recorded performance in the market was -4.71%, having the revenues showcasing 0.21% 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 29.42B, as it employees total of 55000 workers.
Specialists analysis on Baker Hughes Company (BKR)
During the last month, 18 analysts gave the Baker Hughes Company a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 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 29.74, with a change in the price was noted +4.21. In a similar fashion, Baker Hughes Company posted a movement of +17.59% for the period of last 100 days, recording 7,313,173 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 BKR is recording 0.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.42.
Trends and Technical analysis: Baker Hughes Company (BKR)
Raw Stochastic average of Baker Hughes Company in the period of last 50 days is set at 13.32%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.39%. In the last 20 days, the company’s Stochastic %K was 6.23% and its Stochastic %D was recorded 22.10%.
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 -4.71%. Additionally, trading for the stock in the period of the last six months notably improved by 11.45%, alongside a downfall of -23.41% for the period of the last 12 months. The shares increased approximately by -12.80% in the 7-day charts and went down by -12.55% in the period of the last 30 days. Common stock shares were driven by 0.21% during last recorded quarter.