The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Occidental Petroleum Corp’s current trading price is -34.67% away from its 52-week high, while its distance from the 52-week low is 2.96%. The stock’s price range for this period has been between $45.17 and $71.18 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 6.15 million for the day, a number notably lower than the average daily volume of 11.43 million over the last three months.
In terms of market performance, Occidental Petroleum Corp had a fairly uneven. The highest value for the stock in the past year was $71.18 on 04/12/24, and the lowest value was recorded at $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 -7.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.64B 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 50.60, with a change in price of -5.81. Similarly, Occidental Petroleum Corp recorded 11,689,837 in trading volume during the last 100 days, posting a change of -11.13%.
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
As of today, Occidental Petroleum Corp’s raw stochastic average for the last 50 days stands at 14.94%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 5.79%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.29% and 8.37%, respectively.
OXY Stock Price Performance Analysis
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. The metric has seen a significant loss of -5.88% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -21.68%. Over the past 30 days, the price of OXY has leaped by -5.88%. And in the last five days, it has fallen by -6.16%.
