Phillips 66 (PSX): Investors are paying attention to this stock

At the end of the latest market close, Phillips 66 (PSX) was valued at $97.95. In that particular session, Stock kicked-off at the price of $96.38 while reaching the peak value of $100.40 and lowest value recorded on the day was $95.75. The stock current value is $94.65.Recently in News on March 7, 2023, Phillips 66® Honors Two Oklahoma City Educators at Big 12 Basketball Championships. Live to the Full Heroes™ program shines spotlight on educators going above and beyond in their communities. 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 $113.53 on 11/14/22, with the lowest value was $74.02 for the same time period, recorded on 09/26/22.

Phillips 66 (PSX) full year performance was 20.93%

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 -16.63% during the 52-week period from high price, and 28.17% 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 $73.85 and $113.53.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1249440 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 Phillips 66 (PSX) recorded performance in the market was -9.06%, having the revenues showcasing -7.27% 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 45.40B, as it employees total of 13000 workers.

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

During the last month, 9 analysts gave the Phillips 66 a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 103.81, with a change in the price was noted -3.23. In a similar fashion, Phillips 66 posted a movement of -3.30% for the period of last 100 days, recording 3,271,325 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 0.58 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.56.

Technical breakdown of Phillips 66 (PSX)

Raw Stochastic average of Phillips 66 in the period of last 50 days is set at 10.18%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.04%. In the last 20 days, the company’s Stochastic %K was 12.36% and its Stochastic %D was recorded 16.75%.

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 encouraging, given the fact the metric is recording -9.06%. Additionally, trading for the stock in the period of the last six months notably improved by 9.85%, alongside a boost of 20.93% for the period of the last 12 months. The shares increased approximately by -4.69% in the 7-day charts and went up by -12.57% in the period of the last 30 days. Common stock shares were lifted by -7.27% during last recorded quarter.