Chevron Corp. (NYSE:CVX) currently has a daily average trading volume of 7.40M but it saw 6581242 shares traded in last market. With a market cap of 254.60B USD, the company’s current market price of $139.21 came rising about 0.96 while comparing to the previous closing price of $137.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $171.70 and as low as $135.37. In the recent trading on the day, stock has struck highest price mark of $137.43 while lowest mark touched by it was $139.47.
Taking a look at 20-day trading activity of Chevron Corp. (CVX) gives us an average price of $144.15, while its current price level is -18.92% below from 52-week high level whereas it is 2.84% 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 $149.57 while that of 200 days or SMA-200 reads an average of $152.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.46% during that period while stretching the period over a month that decreases to 1.73%. 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 36.15 which implies that the stock is in neutral territory.
Bernstein downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on July 17, 2024 while assigning a price target range of $183-$167. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $155 and $160.
Over the week, CVX’s stock price is moving -1.22% down while it is -3.43% when we observe its performance for the past one month. Year-to-date it is -6.67% down and over the past year, the stock is showing a downside performance of -16.55%.
Currently, Chevron Corp.’s total number of outstanding shares is 1.87B. Company’s return on investment (ROI) stands at 10.36% and return on equity (ROE) at 11.79%. It has a price to earnings ratio (P/E ratio) of 13.81 while having a 10.37 of forward P/E ratio. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 1.60 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is 7.31% on average.
