BHP Group Limited ADR (NYSE:BHP) shares, rose in value on Friday, April 05, with the stock price down by -0.18% to the previous day’s close as strong demand from buyers drove the stock to $57.63.
Actively observing the price movement in the recent trading, the stock is buoying the session at $57.74. The value of beta (5-year monthly) is 0.85 whereas the PE ratio is 19.86 over 12-month period. Referring to stock’s 52-week performance, its high was $69.11, and the low was $54.28. On the whole, BHP has fluctuated by -1.58% over the past month.
The company’s Forward Dividend Ratio is 3.04, with its dividend yield at 5.27%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that BHP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BHP currently trading nearly 0.77% and -1.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.57, while the 7-day volatility ratio is showing 1.42% which for the 30-day chart, stands at 1.40%. Furthermore, BHP Group Limited ADR (BHP)’s beta value is 1.08, and its average true range (ATR) is 0.97.
A comparison of BHP Group Limited ADR (BHP) with its peers suggests the former has fared considerably weaker in the market. BHP showed an intraday change of -0.18% in today’s session so far, and over the past year, it shrunk by -5.33%%.
Data on historical trading for BHP Group Limited ADR (NYSE:BHP) indicates that the trading volumes over the past 10 days have averaged 2.55 million and over the past 3 months, they’ve averaged 2.57 million. According to company’s latest data on outstanding shares, there are 2.53 billion shares outstanding.
Nearly 0.00% of BHP Group Limited ADR’s shares belong to company insiders and institutional investors own 3.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.48 million shares as on Mar 15, 2024, resulting in a short ratio of 3.72. According to the data, the short interest in BHP Group Limited ADR (BHP) stood at 0.40% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 9.97 million. The stock has fallen by -15.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BHP stock heading into the next quarter.
