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 -10.62% away from its 52-week high, while its distance from the 52-week low is 10.34%. The stock’s price range over this period has fluctuated between $135.37 and $167.11. The company, operating within the financial sector, had a trading volume of approximately 11.95 million for the day, which was noticeably higher than the average daily share volume of 7.39 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 $167.11 on 04/29/24, while the lowest value for the same duration was $135.37 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Chevron Corp (CVX) has experienced a quarterly rise of 4.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 266.96B 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 150.64, with a change in price of -8.18. Similarly, Chevron Corp recorded 7,499,715 in trading volume during the last 100 days, posting a change of -5.19%.
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 0.17. Similarly, the long-term debt-to-equity ratio is also 0.13.
CVX Stock Stochastic Average
Today’s raw stochastic average for Chevron Corp over the last 50 days is 11.55%.This indicates a increase from the raw stochastic average of the past 20 days, which was 0.71%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 3.96% and 9.42%, respectively.
CVX 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. Until today this year the stock’s price performance recorded an increase of 0.13%. However, over the last six months, the performance has been stronger by -2.50%. The price of CVX decreased -7.69% over the last 30 days. And in the last five days, it has fallen by -4.91%.
