Baker Hughes Co (NASDAQ:BKR) currently has a daily average trading volume of 6.72M but it saw 5835525 shares traded in last market. With a market cap of 42.11B USD, the company’s current market price of $42.56 came falling about -2.54 while comparing to the previous closing price of $43.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $45.17 and as low as $28.32. In the recent trading on the day, stock has struck highest price mark of $42.22 while lowest mark touched by it was $43.7532.
Taking a look at 20-day trading activity of Baker Hughes Co (BKR) gives us an average price of $43.49, while its current price level is -5.78% below from 52-week high level whereas it is 50.28% 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 $39.66 while that of 200 days or SMA-200 reads an average of $35.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that increases to 2.60%. 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 53.80 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on September 25, 2024 while assigning a price target range of $40-$42. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $46 and $50.
Over the week, BKR’s stock price is moving -2.23% down while it is 11.50% when we observe its performance for the past one month. Year-to-date it is 24.52% up and over the past year, the stock is showing an upside performance of 26.10%.
Currently, Baker Hughes Co’s total number of outstanding shares is 989.09M. Company’s return on investment (ROI) stands at 10.10% and return on equity (ROE) at 14.24%. It has a price to earnings ratio (P/E ratio) of 19.06 while having a 16.47 of forward P/E ratio. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 2.60 while price to sale or P/S ratio amounts to 1.54. Its return on asset (ROA) is 6.04% on average.
