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Occidental Petroleum Corp.: Rising -5.61% from 52-Week Low, Can the Stock Stay Afloat?

In terms of market performance, Occidental Petroleum Corp. had a somewhat regular. The highest value for the stock in the past year was $71.18 on 04/12/24, while the lowest value was $55.12 on 12/12/23.

52-week price history of OXY Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Occidental Petroleum Corp.’s current trading price is -5.61% away from its 52-week high, while its distance from the 52-week low is 21.91%. The stock’s price range for this period has remained between $55.12 and $71.18. The Energy sector company’s shares managed to surpass a trading volume of around 1.66 million for the day, which was noticeably lower compared to the shares’ average daily volume of 8.58 million over the last three months.

Financial Performance and Market Capitalization

Occidental Petroleum Corp. (OXY) has experienced a quarterly rise of 18.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.57B and boasts a workforce of 12570 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 60.87, with a change in price of +7.04. Similarly, Occidental Petroleum Corp. recorded 9,342,302 in trading volume during the last 100 days, posting a change of +11.72%.

OXY Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OXY stands at 0.69. Similarly, the long-term debt-to-equity ratio is also 0.64.

OXY Stock Stochastic Average

As of today, the raw stochastic average of Occidental Petroleum Corp. over the past 50 days is 71.14%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 50.51%. Additionally, the Stochastic %K and %D values for the company were 48.21% and 43.99%, respectively, over the past 20 days.

OXY Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 12.54% this year. Over the last six months, there has been a weaker performance of 3.09%. The price of OXY fallen by 5.30% during the last 30 days period. For the last 5-days stocks have improved 0.56%.