The Week Ahead: Are Investors Really Too Optimistic About Woodside Energy Group Ltd ADR (NYSE: WDS)

Woodside Energy Group Ltd ADR (NYSE:WDS) currently has a daily average trading volume of 994.33K but it saw 1479072 shares traded in last market. With a market cap of 30.79B USD, the company’s current market price of $16.24 came rising about 3.84 while comparing to the previous closing price of $15.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.78 and as low as $15.32. In the recent trading on the day, stock has struck highest price mark of $15.9 while lowest mark touched by it was $16.34.

Taking a look at 20-day trading activity of Woodside Energy Group Ltd ADR (WDS) gives us an average price of $17.29, while its current price level is -34.46% below from 52-week high level whereas it is 6.01% 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 $17.89 while that of 200 days or SMA-200 reads an average of $19.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that decreases to 1.97%. 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 37.83 which implies that the stock is in neutral territory.

Over the week, WDS’s stock price is moving -6.61% down while it is -3.79% when we observe its performance for the past one month. Year-to-date it is -23.00% down and over the past year, the stock is showing a downside performance of -33.36%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0.0 while estimate for next year EPS is 0.0. In next quarter, company is expected to be making quarterly sales of $nan as analysts are expecting the sales for current fiscal year at $nan and seeing the company making $nan in sales next year. Moreover, analysts are in estimates of $nan for current-quarter revenue.

Currently, Woodside Energy Group Ltd ADR’s total number of outstanding shares is 1.90B. Company’s return on investment (ROI) stands at 4.50% and return on equity (ROE) at 5.23%. It has a price to earnings ratio (P/E ratio) of 16.73 while having a 13.41 of forward P/E ratio. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 2.43. Its return on asset (ROA) is 3.30% on average.