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 -8.39% away from its 52-week high, while its distance from the 52-week low is 13.09%. 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 9.03 million for the day, a number notably higher than the average daily volume of 8.02 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 decline of -5.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 269.53B and boasts a workforce of 45298 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 153.87, with a change in price of +2.35. Similarly, Chevron Corp recorded 7,569,461 in trading volume during the last 100 days, posting a change of +1.56%.
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 0.19. Similarly, the long-term debt-to-equity ratio is also 0.16.
CVX Stock Stochastic Average
Chevron Corp’s raw stochastic average for the past 50 days is presently 59.10%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 43.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 73.00% and 75.83%, respectively.
CVX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 5.70%.However, over the last six months, we can see a weaker performance of 4.86%. Over the last 30 days, the price of CVX has leaped by -2.07%. And in the last five days, it has fallen by -3.04%.
