Chevron Corp. (NYSE:CVX) currently has a daily average trading volume of 7.38M but it saw 4275379 shares traded in last market. With a market cap of 272.02B USD, the company’s current market price of $148.73 came rising about 0.68 while comparing to the previous closing price of $147.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $170.17 and as low as $135.37. In the recent trading on the day, stock has struck highest price mark of $148.21 while lowest mark touched by it was $149.0312.
Taking a look at 20-day trading activity of Chevron Corp. (CVX) gives us an average price of $148.34, while its current price level is -12.60% below from 52-week high level whereas it is 9.87% 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 $145.71 while that of 200 days or SMA-200 reads an average of $152.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.17% during that period while stretching the period over a month that increases to 1.70%. 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 52.18 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 -0.61% down while it is 3.71% when we observe its performance for the past one month. Year-to-date it is -0.29% down and over the past year, the stock is showing a downside performance of -10.08%.
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 14.76 while having a 12.75 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 1.38. Its return on asset (ROA) is 7.31% on average.
