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Occidental Petroleum Corp. (OXY) Stock: Navigating a Year of Stock Volatility

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 -28.03% away from its 52-week high, while its distance from the 52-week low is 2.97%. The stock’s price range over this period has fluctuated between $49.75 and $71.18. The company, operating within the financial sector, had a trading volume of approximately 4.5 million for the day, which was noticeably lower than the average daily share volume of 11.82 million over the last 3 months.

Occidental Petroleum Corp. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $71.18 on 04/12/24 and the lowest value was $49.75 on 09/26/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Occidental Petroleum Corp. (OXY) has experienced a quarterly decline of -16.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 46.39B and boasts a workforce of 12570 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 57.48, with a change in price of -10.99. Similarly, Occidental Petroleum Corp. recorded 10,156,311 in trading volume during the last 100 days, posting a change of -17.67%.

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 0.65. Similarly, the long-term debt-to-equity ratio is also 0.59.

OXY Stock Stochastic Average

Today, Occidental Petroleum Corp.’s raw stochastic average for the past 50 days stands at 15.65%, indicating a decline from the raw stochastic average of the last 20 days, which was 21.74%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 24.46% and 29.20% respectively.

OXY 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. The metric has seen a significant loss of -14.20% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -23.11%. Over the past 30 days, the price of OXY has leaped by -1.54%. And in the last five days, it has fallen by -6.45%.

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