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 -28.50% away from its 52-week high, while its distance from the 52-week low is 12.68%. The stock’s price range over this period has fluctuated between $45.17 and $71.18. The company, operating within the financial sector, had a trading volume of approximately 6.13 million for the day, which was noticeably lower than the average daily share volume of 11.25 million over the last 3 months.
The market performance of Occidental Petroleum Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $71.18 on 04/12/24, while the lowest value for the same duration was $45.17 on 12/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Occidental Petroleum Corp (OXY) has experienced a quarterly decline of -1.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 47.76B 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 51.17, with a change in price of -6.78. Similarly, Occidental Petroleum Corp recorded 11,819,522 in trading volume during the last 100 days, posting a change of -11.83%.
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, Occidental Petroleum Corp’s raw stochastic average for the past 50 days stands at 67.43%, indicating a rise from the raw stochastic average of the last 20 days, which was 67.43%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 78.93% and 84.69% respectively.
OXY Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 3.01%. However, over the past six months, we’ve seen a stronger performance of -19.38%. The price of OXY fallen by 9.32% over the last 30 days. And in the last five days, it has fallen by -3.38%.
