EOG Resources, Inc. (NYSE:EOG) price closed higher on Tuesday, April 16, jumping 0.43% above its previous close.
A look at the daily price movement shows that the last close reads $132.39. The company’s P/E ratio in the trailing 12-month period read 10.22. Taking into account the 52-week price action we note that the stock hit a 52-week high of $139.67 and 52-week low of $104.97. The stock added 8.28% on its value in the past month.
EOG Resources, Inc., which has a market valuation of $77.12 billion. The company stock has a Forward Dividend ratio of 3.47, while the dividend yield is 2.61%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EOG a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.19. The overview shows that EOG’s price is at present 1.76% off the SMA20 and 9.53% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 60.78, with weekly volatility standing at 2.27%. The indicator jumps to 1.70% when calculated based on the past 30 days. EOG Resources, Inc. (NYSE:EOG)’s beta value is holding at 1.38, while the average true range (ATR) indicator is currently reading 2.43.
An analysis of the EOG Resources, Inc. (NYSE:EOG) stock in terms of its daily trading volume indicates that the 3-month average is 3.54 million.
Current records show that the company has 580.86M in outstanding shares. The insiders’ percentage holdings are 0.30% of outstanding shares while the percentage share held by institutions stands at 91.31%. But the 9.93% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
