Hess Corporation (NYSE:HES) currently has a daily average trading volume of 1.66M but it saw 2290786 shares traded in last market. With a market cap of 40.26B USD, the company’s current market price of $130.67 came falling about -1.16 while comparing to the previous closing price of $132.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $167.75 and as low as $123.79. In the recent trading on the day, stock has struck highest price mark of $128.4335 while lowest mark touched by it was $131.67.
Taking a look at 20-day trading activity of Hess Corporation (HES) gives us an average price of $131.38, while its current price level is -22.10% below from 52-week high level whereas it is 5.56% 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 $136.97 while that of 200 days or SMA-200 reads an average of $145.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.22% during that period while stretching the period over a month that decreases to 2.18%. 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 43.26 which implies that the stock is in neutral territory.
Argus upgraded its recommendation for the stock as a “Buy” from “Hold” on November 07, 2023 while assigning a price target of $171. Bernstein issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $189 and $166.
Over the week, HES’s stock price is moving -2.12% down while it is -4.95% when we observe its performance for the past one month. Year-to-date it is -9.36% down and over the past year, the stock is showing a downside performance of -14.06%.
Currently, Hess Corporation’s total number of outstanding shares is 307.16M. Company’s return on investment (ROI) stands at 13.43% and return on equity (ROE) at 28.21%. It has a price to earnings ratio (P/E ratio) of 15.21 while having a 13.30 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 3.84 while price to sale or P/S ratio amounts to 3.24. Its return on asset (ROA) is 11.02% on average.
