EOG Resources, Inc. (NYSE:EOG) currently has a daily average trading volume of 2.94M but it saw 3082154 shares traded in last market. With a market cap of 70.75B USD, the company’s current market price of $123.11 came falling about -2.91 while comparing to the previous closing price of $126.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $139.67 and as low as $108.94.
Taking a look at 20-day trading activity of EOG Resources, Inc. (EOG) gives us an average price of $127.50, while its current price level is -11.86% below from 52-week high level whereas it is 13.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $124.76 while that of 200 days or SMA-200 reads an average of $123.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.51% during that period while stretching the period over a month that decreases to 2.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.78 which implies that the stock is in neutral territory.
Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on May 16, 2024 while assigning a price target range of $163-$136. Scotiabank issued its recommendations for the stock as it downgraded the price target for the stock is $155.
Over the week, EOG’s stock price is moving -3.09% down while it is -2.80% when we observe its performance for the past one month. Year-to-date it is 1.79% up and over the past year, the stock is showing a downside performance of -5.36%.
Currently, EOG Resources, Inc.’s total number of outstanding shares is 580.86M. Company’s return on investment (ROI) stands at 22.72% and return on equity (ROE) at 27.22%. It has a price to earnings ratio (P/E ratio) of 9.72 while having a 10.04 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 2.47 while price to sale or P/S ratio amounts to 3.01. Its return on asset (ROA) is 17.15% on average.
