The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -31.72% this year. Over the last six months, there has been a stronger performance of -13.29%. The price of DVN leaped by -4.04% during the last 30 days period. For the last 5-days stocks have improved 2.28%.
Devon Energy Corp (DVN) has a current stock price of $32.9. During the previous trading session, the stock witnessed a notable rise, reaching a high of $66.0 after opening at $32.74. The stock’s low for the day was $33.0, and it eventually closed at $32.35.
Devon Energy Corp’s stock has seen a smooth market performance.
52-week price history of DVN Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Devon Energy Corp’s current trading price is -30.36% away from its 52-week high, while its distance from the 52-week low is 27.10%. The stock’s price range over this timeframe has been between $25.89 and $47.25. The shares of the Energy sector company recorded a trading volume of approximately 2.43 million for the day, which was comparatively lower than the average daily volume of 8.1 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Devon Energy Corp (DVN) has experienced a quarterly rise of 11.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.13B and boasts a workforce of 2300 employees.
Expert Opinions: Analysts’ Ratings for Devon Energy Corp
As of right now, 15 analysts are rating Devon Energy Corp as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.88, with a change in price of -2.74. Similarly, Devon Energy Corp recorded 8,962,086 in trading volume during the last 100 days, posting a change of -7.73%.
DVN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for DVN stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.58.
DVN Stock Stochastic Average
The raw stochastic average for Devon Energy Corp over the last 50 days is presently at 46.27%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 33.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.82% and 29.88%, respectively.
