Chevron Corp.’s Shares Reel: -9.92% Quarterly Revenue Decline Amid 271.88B Market Cap

The stock price for Chevron Corp. (CVX) currently stands at $144.46. The stock experienced a substantial increase in the last session, hitting $145.185 after starting at $142.95. The stock’s lowest price was $142.40 before closing at $141.77.

The market performance of Chevron Corp.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $187.81 on 01/26/23, while the lowest value for the same duration was $140.74 on 11/16/23.

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52-week price history of CVX Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Chevron Corp.’s current trading price is -23.08% away from its 52-week high, while its distance from the 52-week low is 2.64%. The stock’s price range during the 52-week period has remained between $140.74 and $187.81. In the Energy sector, the company’s shares saw a trading volume of around 10.87 million for the day, which was evidently higher than the average daily volume of 8.99 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Chevron Corp. (CVX) has experienced a quarterly decline of -9.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 271.88B and boasts a workforce of 43846 employees.

A Closer Look at Analysts’ Ratings for Chevron Corp.

As of right now, 16 analysts are rating Chevron Corp. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 159.14, with a change in price of -10.46. Similarly, Chevron Corp. recorded 8,441,989 in trading volume during the last 100 days, posting a change of -6.75%.

Examining CVX’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CVX stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.12.

CVX Stock Stochastic Average

Chevron Corp.’s raw stochastic average for the past 50 days is presently 12.02%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 15.70%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.93% and 10.52%, respectively.

CVX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -19.52%. However, over the past six months, we’ve seen a stronger performance of -6.94%. The price of CVX leaped by -14.57% over the last 30 days. And in the last five days, it has surged by 1.06%.

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