The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Chevron Corp’s current trading price is -5.62% away from its 52-week high, while its distance from the 52-week low is 16.51%. The stock’s price range for this period has been between $135.37 and $167.11 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 1.98 million for the day, a number notably lower than the average daily volume of 8.25 million over the last three months.
Chevron Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $167.11 on 04/29/24, while the lowest value for the same period was recorded at $135.37 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Chevron Corp (CVX) has experienced a quarterly rise of 0.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 283.44B 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 152.65, with a change in price of +14.32. Similarly, Chevron Corp recorded 7,774,961 in trading volume during the last 100 days, posting a change of +9.99%.
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 0.16. Similarly, the long-term debt-to-equity ratio is also 0.16.
CVX Stock Stochastic Average
As of today, Chevron Corp’s raw stochastic average for the last 50 days stands at 71.20%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 71.08%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 54.21% and 42.81%, respectively.
CVX 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. Until today this year the stock’s price performance recorded an increase of 8.89%. However, over the last six months, the performance has been weaker by 8.78%. The price of CVX increased 2.99% over the last 30 days. And in the last five days, it has surged by 2.94%.
