No Stopping Phillips 66 (NYSE: PSX) These Days

Phillips 66 (NYSE:PSX) does about 2.51M shares in volume on a normal day but saw 1852593 shares change hands in Monday trading. The company now has a market cap of 58.56B USD. Its current market price is $138.12, marking an increase of 0.04% compared to the previous close of $138.07. The 52 week high reached by this stock is $174.08 whilst the lowest price level in 52 weeks is $89.74.

Phillips 66 (PSX) has a 20-day trading average at $141.74 and the current price is -20.66% off the 52-week high compared with 53.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $150.56 and its 200-day simple moving average is $134.70. If we look at the stock’s price movements over the week, volatility stands at 1.73%, which increases to 2.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 36.72 to suggest the stock is neutral.

The consensus objective for the share price is $164.60, suggesting that the stock has a potential upside of 16.09% over the period.

Wolfe Research upgraded its price target at $146.

Phillips 66 (PSX) stock is down -0.58% over the week and -6.50% over the past month. Its price is 3.74% year-to-date and 39.32% over the past year.

To reach the target analysts have set, the stock logically needs to grow 16.09 percent from here.

The company has a return on investment of 12.18% and return on equity of 19.31%. The price to earnings ratio (P/E ratio) amounts to 10.64 while the forward price to earnings ratio is 9.80. The beta has a value of 1.34. Price to book ratio is 1.97 and price to sales ratio is 0.39.