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Phillips 66’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

Phillips 66 ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $174.08 on 04/05/24, while the lowest value for the same period was recorded at $89.74 on 06/23/23.

52-week price history of PSX Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Phillips 66’s current trading price is -10.91% away from its 52-week high, while its distance from the 52-week low is 72.82%. The stock’s price range during this period has spanned from $89.74 to $174.08. In the Energy sector, the Phillips 66’s shares surpassed a trading volume of approximately 0.55 million for the day, which was noticeably lower compared to the average daily volume of 9.3.02 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Phillips 66 (PSX) has experienced a quarterly rise of 21.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 66.35B and boasts a workforce of 14000 employees.

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 143.05, with a change in price of +36.79. Similarly, Phillips 66 recorded 3,141,911 in trading volume during the last 100 days, posting a change of +31.18%.

Examining PSX’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 PSX stands at 0.67. Similarly, the long-term debt-to-equity ratio is also 0.61.

PSX Stock Stochastic Average

Today’s raw stochastic average for Phillips 66 over the last 50 days is 42.61%.This indicates a increase from the raw stochastic average of the past 20 days, which was 0.76%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 7.60% and 17.37%, respectively.

PSX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 16.49%.However, over the last six months, we can see a weaker performance of 36.15%. Over the last 30 days, the price of PSX has leaped by -1.21%. And in the last five days, it has fallen by -6.24%.