EOG Resources, Inc. (NYSE:EOG) currently has a daily average trading volume of 3.10M but it saw 1938507 shares traded in last market. With a market cap of 72.42B USD, the company’s current market price of $127.36 came rising about 0.06 while comparing to the previous closing price of $127.28. 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. In the recent trading on the day, stock has struck highest price mark of $126.98 while lowest mark touched by it was $127.99.
Taking a look at 20-day trading activity of EOG Resources, Inc. (EOG) gives us an average price of $128.13, while its current price level is -8.81% below from 52-week high level whereas it is 16.91% 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 $126.12 while that of 200 days or SMA-200 reads an average of $124.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.33% during that period while stretching the period over a month that increases to 2.08%. 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 49.15 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 -2.75% down while it is 3.39% when we observe its performance for the past one month. Year-to-date it is 5.30% up and over the past year, the stock is showing a downside performance of -3.76%.
Currently, EOG Resources, Inc.’s total number of outstanding shares is 580.86M. Company’s return on investment (ROI) stands at 23.13% and return on equity (ROE) at 27.06%. It has a price to earnings ratio (P/E ratio) of 9.83 while having a 11.29 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 2.49 while price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 17.29% on average.
