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. Chevron Corp.’s current trading price is -12.08% away from its 52-week high, while its distance from the 52-week low is 8.87%. The stock’s price range over this period has fluctuated between $139.62 and $172.88. The company, operating within the financial sector, had a trading volume of approximately 7.56 million for the day, which was noticeably lower than the average daily share volume of 9.25 million over the last 3 months.
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 $172.88 on 04/14/23, while the lowest value for the same duration was $139.62 on 01/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Chevron Corp. (CVX) has experienced a quarterly rise of 6.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 282.31B and boasts a workforce of 45600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 149.07, with a change in price of -13.40. Similarly, Chevron Corp. recorded 10,141,051 in trading volume during the last 100 days, posting a change of -8.10%.
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 CVX stands at 0.16. Similarly, the long-term debt-to-equity ratio is also 0.15.
CVX Stock Stochastic Average
Today, Chevron Corp.’s raw stochastic average for the past 50 days stands at 72.80%, indicating a rise from the raw stochastic average of the last 20 days, which was 48.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.67% and 21.20% respectively.
CVX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 1.90%. However, over the past six months, we’ve seen a stronger performance of -9.10%. The price of CVX leaped by -1.34% over the last 30 days. And in the last five days, it has surged by 2.10%.
