Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Occidental Petroleum Corp.’s current trading price is -15.40% away from its 52-week high, while its distance from the 52-week low is 11.07%. The stock’s price range over this period has fluctuated between $55.51 and $72.88. The company, operating within the financial sector, had a trading volume of approximately 1.98 million for the day, which was noticeably lower than the average daily share volume of 9.05 million over the last 3 months.
At present, Occidental Petroleum Corp. (OXY) has a stock price of $61.65. In the previous session, the stock saw a rise, peaking at $61.57 after an opening price of $60.85. The day’s lowest price was $60.555, and it closed at $60.96.
Occidental Petroleum Corp. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $72.88 on 11/22/22, while the lowest price for the same period was registered at $55.51 on 03/15/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Occidental Petroleum Corp. (OXY) has experienced a quarterly decline of -1.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.28B and boasts a workforce of 11973 employees.
Occidental Petroleum Corp.: What Analysts Are Saying
As of right now, 10 analysts are rating Occidental Petroleum Corp. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.74, with a change in price of +3.22. Similarly, Occidental Petroleum Corp. recorded 9,064,727 in trading volume during the last 100 days, posting a change of +5.49%.
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 OXY stands at 0.71. Similarly, the long-term debt-to-equity ratio is also 0.65.
OXY Stock Stochastic Average
Today’s raw stochastic average for Occidental Petroleum Corp. over the last 50 days is 30.76%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 51.15%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 30.01% and 22.27%, respectively.
OXY 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. Year to date metric has recorded a loss of -2.12%.However, over the last six months, we can see a weaker performance of 4.43%. Over the last 30 days, the price of OXY has leaped by -5.41%. And in the last five days, it has surged by 0.07%.