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 -34.13% away from its 52-week high, while its distance from the 52-week low is -0.66%. The stock’s price range over this period has fluctuated between $47.20 and $71.18. The company, operating within the financial sector, had a trading volume of approximately 4.16 million for the day, which was noticeably lower than the average daily share volume of 11.71 million over the last 3 months.
Occidental Petroleum Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $71.18 on 04/12/24 and a low of $47.20 for the same time frame on 12/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Occidental Petroleum Corp (OXY) has experienced a quarterly decline of -9.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.50B 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 52.98, with a change in price of -13.50. Similarly, Occidental Petroleum Corp recorded 11,514,171 in trading volume during the last 100 days, posting a change of -22.30%.
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 0.80. Similarly, the long-term debt-to-equity ratio is also 0.75.
OXY Stock Stochastic Average
Today’s raw stochastic average for Occidental Petroleum Corp over the last 50 days is 1.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 2.86%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 10.40% and 16.16%, respectively.
OXY Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -21.47% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.11%. Over the past 30 days, the price of OXY has leaped by -7.46%. And in the last five days, it has fallen by -3.76%.
