Baker Hughes Co (NASDAQ:BKR) currently has a daily average trading volume of 6.54M but it saw 6666431 shares traded in last market. With a market cap of 39.62B USD, the company’s current market price of $40.04 came falling about -3.31 while comparing to the previous closing price of $41.41. 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 $40.01 while lowest mark touched by it was $41.825.
Taking a look at 20-day trading activity of Baker Hughes Co (BKR) gives us an average price of $42.73, while its current price level is -11.36% below from 52-week high level whereas it is 41.38% 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 $40.63 while that of 200 days or SMA-200 reads an average of $35.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.21% during that period while stretching the period over a month that increases to 2.39%. 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 36.99 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 -5.70% down while it is -7.04% when we observe its performance for the past one month. Year-to-date it is 17.14% up and over the past year, the stock is showing an upside performance of 17.52%.
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 17.93 while having a 15.53 of forward P/E ratio. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 2.45 while price to sale or P/S ratio amounts to 1.45. Its return on asset (ROA) is 6.04% on average.
