Estimating Price Trends For Woodside Energy Group Ltd ADR (NYSE: WDS)

Woodside Energy Group Ltd ADR (NYSE:WDS) does about 929.96K shares in volume on a normal day but saw 1159535 shares change hands in the recent trading day. The company now has a market cap of 28.27B USD. Its current market price is $14.91, marking a decrease of -0.33% compared to the previous close of $14.96. The 52 week high reached by this stock is $21.62 whilst the lowest price level in 52 weeks is $14.95. The script in recent trading has seen the stock touch a high of $28 and a low of $28.

Woodside Energy Group Ltd ADR (WDS) has a 20-day trading average at $15.73 and the current price is -31.05% off the 52-week high compared with -0.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $16.02 and its 200-day simple moving average is $17.76. If we look at the stock’s price movements over the week, volatility stands at 1.78%, which increases to 1.87% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 37.68 to suggest the stock is neutral.

The consensus objective for the share price is $18.90, suggesting that the stock has a potential upside of 21.11% over the period. The median price target is 46.75% away from the current levels at $28.

The current price level is -5.23%, -6.91%, and -16.04% away from its SMA20, SMA50, and SMA200 respectively, with the WDS price moving above the 50-day SMA on current market day. Woodside Energy Group Ltd ADR (WDS) stock is down -3.12% over the week and -2.99% over the past month. Its price is -29.30% year-to-date and -26.41% over the past year.

Its 12-month price target is $28. To reach the target analysts have set, the stock logically needs to grow 21.11 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $28, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $28.

Outstanding shares total 1.90B with insiders holding 0.00% of the shares and institutional holders owning 1.59% of the company’s common stock. The company has a return on investment of 4.50% and return on equity of 5.23%. The price to earnings ratio (P/E ratio) amounts to 15.36 while the forward price to earnings ratio is 13.60. The beta has a value of 1.15. Price to book ratio is 0.81 and price to sales ratio is 2.23.