Imperial Oil Ltd. (AMEX:IMO) shares, rose in value, with the stock price down by -0.80% to the previous day’s close as strong demand from buyers drove the stock to $70.70.
Actively observing the price movement in the last trading, the stock closed the session at $71.27. The PE ratio was 11.24 over 12-month period. Referring to stock’s 52-week performance, its high was $74.58, and the low was $44.46. On the whole, IMO has fluctuated by 2.99% over the past month.
The company’s Forward Dividend Ratio is 1.55, with its dividend yield at 2.20%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IMO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of IMO currently trading nearly -0.16% and 5.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.26, while the 7-day volatility ratio is showing 2.27% which for the 30-day chart, stands at 2.48%. Furthermore, Imperial Oil Ltd. (IMO)’s beta value is 1.48, and its average true range (ATR) is 1.65.
A comparison of Imperial Oil Ltd. (IMO) with its peers suggests the former has fared considerably weaker in the market. IMO showed an intraday change of -0.80% in last session, and over the past year, it grew by 38.95%%.
Data on historical trading for Imperial Oil Ltd. (AMEX:IMO) indicates that the trading volumes over the past 3 months, they’ve averaged 377.92K. According to company’s latest data on outstanding shares, there are 535.84 million shares outstanding.
Nearly 69.62% of Imperial Oil Ltd.’s shares belong to company insiders and institutional investors own 25.22% of the company’s shares. The stock has risen by 23.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IMO stock heading into the next quarter.
