Chevron Corp. (NYSE:CVX) currently has a daily average trading volume of 7.33M but it saw 7746324 shares traded in last market. With a market cap of 263.31B USD, the company’s current market price of $143.97 came falling about -2.36 while comparing to the previous closing price of $147.45. 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 $143.5 while lowest mark touched by it was $147.4.
Taking a look at 20-day trading activity of Chevron Corp. (CVX) gives us an average price of $143.15, while its current price level is -16.15% below from 52-week high level whereas it is 6.36% 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 $147.56 while that of 200 days or SMA-200 reads an average of $152.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.78% during that period while stretching the period over a month that increases to 1.88%. 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 48.04 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 0.01% up while it is -3.05% when we observe its performance for the past one month. Year-to-date it is -3.48% down and over the past year, the stock is showing a downside performance of -14.66%.
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 14.28 while having a 11.57 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.65 while price to sale or P/S ratio amounts to 1.33. Its return on asset (ROA) is 7.31% on average.
