The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Phillips 66’s current trading price is -7.75% away from its 52-week high, while its distance from the 52-week low is 28.69%. The stock’s price range for this period has been between $89.74 and $125.19 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 3.2 million for the day, a number notably higher than the average daily volume of 2.93 million over the last three months.
Phillips 66 (PSX) stock is currently valued at $115.49. During the last session, the stock experienced a remarkable rise, reaching $116.92 after opening at $114.56. The stock briefly dropped to $114.25 before ultimately closing at $115.02.
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Phillips 66’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $125.19 on 09/13/23 and a low of $89.74 for the same time frame on 06/23/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Phillips 66 (PSX) has experienced a quarterly rise of 1.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.81B and boasts a workforce of 13000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 111.84, with a change in price of +23.97. Similarly, Phillips 66 recorded 2,986,418 in trading volume during the last 100 days, posting a change of +26.19%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PSX stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.60.
PSX Stock Stochastic Average
As of today, Phillips 66’s raw stochastic average for the last 50 days stands at 44.06%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 71.60%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 65.94% and 57.10%, respectively.
PSX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 10.96%. However, over the last six months, the performance has been weaker by 21.84%. The price of PSX increased 1.39% over the last 30 days. And in the last five days, it has surged by 3.29%.