Chevron Corp (NYSE:CVX) shares, rose in value on Wednesday, May 07, with the stock price up by 0.14% to the previous day’s close as strong demand from buyers drove the stock to $135.79.
Actively observing the price movement in the last trading, the stock closed the session at $135.60. The PE ratio was 15.57 over 12-month period. Referring to stock’s 52-week performance, its high was $168.96, and the low was $132.04. On the whole, CVX has fluctuated by -3.11% over the past month.
With the market capitalization of Chevron Corp currently standing at about $237.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 6.60, with its dividend yield at 4.86%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CVX’s technical picture suggests that short-term indicators denote the stock is a 100% 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 1.86, with the price of CVX currently trading nearly -0.97% and -9.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.62, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 3.07%. Furthermore, Chevron Corp (CVX)’s beta value is 0.82, and its average true range (ATR) is 3.92.
A comparison of Chevron Corp (CVX) with its peers suggests the former has fared considerably weaker in the market. CVX showed an intraday change of 0.14% in last session, and over the past year, it shrunk by -15.26%%.
Data on historical trading for Chevron Corp (NYSE:CVX) indicates that the trading volumes over the past 3 months, they’ve averaged 9.48 million. According to company’s latest data on outstanding shares, there are 1.75 billion shares outstanding.
Nearly 0.06% of Chevron Corp’s shares belong to company insiders and institutional investors own 77.60% of the company’s shares. The stock has fallen by -6.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CVX stock heading into the next quarter.
