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CVX: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 7.55%.However, over the last six months, we can see a stronger performance of -1.31%. Over the last 30 days, the price of CVX has fallen by 8.29%. And in the last five days, it has fallen by -1.56%.

Chevron Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $167.11 on 04/29/24 and the lowest value was $135.37 on 09/11/24.

52-week price history of CVX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Chevron Corp’s current trading price is -6.79% away from its 52-week high, while its distance from the 52-week low is 15.07%. The stock’s price range during this period has varied between$135.37 and $167.11. The Chevron Corp’s shares, which operate in the Energy, saw a trading volume of around 1.94 million for the day, a figure considerably lower than their average daily volume of 8.31 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Chevron Corp (CVX) has experienced a quarterly rise of 3.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 279.93B and boasts a workforce of 45600 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 151.34, with a change in price of +11.40. Similarly, Chevron Corp recorded 7,837,129 in trading volume during the last 100 days, posting a change of +7.88%.

CVX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Chevron Corp’s raw stochastic average for the past 50 days is presently 64.28%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 70.61%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.95% and 71.95%, respectively.

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