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 -5.91% away from its 52-week high, while its distance from the 52-week low is 16.15%. 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 4.94 million for the day, which was noticeably lower than the average daily share volume of 8.13 million over the last 3 months.
Chevron Corp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $167.11 on 04/29/24, while the lowest price for the same period was registered at $135.37 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Chevron Corp (CVX) has experienced a quarterly decline of -2.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 282.56B 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 153.15, with a change in price of +9.78. Similarly, Chevron Corp recorded 7,633,782 in trading volume during the last 100 days, posting a change of +6.63%.
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
Today’s raw stochastic average for Chevron Corp over the last 50 days is 78.61%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 84.80%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 66.75% and 59.49%, respectively.
CVX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 8.55%.However, over the last six months, we can see a weaker performance of 6.76%. Over the last 30 days, the price of CVX has leaped by -2.63%. And in the last five days, it has fallen by -0.13%.
